The Wolf Of All Streets $120K Next? Bitcoin Surges As Israel-Iran War Ends!
Jun 24, 2025
Joining the discussion are John E. Deaton, a crypto regulation expert and founder of CryptoLaw, and Eric Adams, the forward-thinking Mayor of New York City. They delve into Bitcoin's recent surge, sparked by easing tensions in the Middle East, and the potential for hitting $120K soon. The conversation also touches on the complexities of crypto as both a safe haven and risky investment during geopolitical turmoil, while Adams shares insights on NYC's push for crypto innovation and education, transforming the financial landscape.
AI Snips
Chapters
Transcript
Episode notes
Bitcoin as a Safe Haven Asset
- Bitcoin has proven to be a safe haven asset amidst geopolitical tensions like the Israel-Iran conflict.
- Its resilience surprises many, reflecting growing institutional trust as noted by Larry Fink's endorsement.
Bitcoin's Unique Market Behavior
- Bitcoin acts uniquely, sometimes reflecting risk-on or risk-off asset behavior depending on context.
- It serves as an alpha asset with distinct price actions untied strictly to traditional market moves.
Buying the Dip During Conflict
- John Deaton bought the Bitcoin dip around $99K while he was emotionally prepared for potential volatility.
- His algorithmic trading helped him capitalize despite the tense geopolitical environment.