Even amid escalating geopolitical tensions these days, the market is showing surprisingly calm reactions. The stock market is moving without major fluctuations despite concerns over a potential Iran war, while Bitcoin continues its bullish trend. Recently, BTC has risen to the $71,700 range.

What’s interesting is this divergence. While traditional financial markets maintain a quiet response to geopolitical risks, cryptocurrencies are showing a somewhat independent movement. Of course, Bitcoin doesn’t always move this way, but over the past few months, the reaction speed suggests that institutional inflows are having a significant impact.

What stands out in this market reaction is the change in attitude within the crypto community. Rather than succumbing to extreme FOMO or panic like in the past, there’s now a more composed attitude toward the market. Although volatility remains high, participants’ reaction speed seems to have become more rational than before.

Ultimately, what this suggests is that Bitcoin is evolving beyond a mere speculative asset to a certain degree of an asset class. The fact that it shows different reaction speeds from traditional markets might be evidence of that.