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Bitcoin pulls away from software stocks as Iran war, AI reshape market dynamic

Apr 07, 2026 10:15 UTC

Bitcoin pulls away from software stocks as Iran war, AI reshape market dynamic.

  • Since the outbreak of the war with Iran on Feb
  • 28, bitcoinBTC$68,380
  • 60has started to diverge from software equities, with the iShares Expanded Tech-Software Sector ETF (IGV), serving as a useful proxy for the sector

Since the outbreak of the war with Iran on Feb. 28, bitcoinBTC$68,380.60has started to diverge from software equities, with the iShares Expanded Tech-Software Sector ETF (IGV), serving as a useful proxy for the sector. Bitcoin has been one of the strongest-performing assets during this period, rising more than 5% and trading back above $69,000, including a gain of more than 0.5% over the past 24 hours. IGV, in contrast, has fallen more than 2% since the conflict began. That gap suggests investors are starting to treat bitcoin and software stocks differently, at least in the near term. Until re

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