Bitcoin outperforms equities in risk-off session as Iran conflict enters third day

Bitcoin rebounded to $66,500 after weekend strikes on Iran triggered $300 million in liquidations. Oil jumped, equities slid and select DeFi tokens outperformed. What to know : BTC traded near $66,500 after U.S. and Israeli strikes on Iran killed the country’s supreme leader, sparking around $300 million in long liquidations and a return to mid-range prices. Safe-haven demand lifted gold and silver, and oil rose to multi-month highs as equities sold off. BTC showed resilience vs S&P 500 and Nasdaq 100 index futures. Altcoins largely mirrored BTC, with MORPHO, JUP, AAVE and LDO in the green while WLFI fell further.