Bitcoin (CRYPTO: BTC) has reclaimed $75,000, effectively erasing losses incurred since the onset of the Iran conflict. Anthony Pompliano, in a discussion on The Pomp Podcast, asserts that this price movement underscores Bitcoin's evolution into a neutral store of value, separate from traditional equities. He notes that the expected market reactions to the conflict—such as rising stocks and oil prices—were largely incorrect, with Bitcoin outperforming most asset classes during this period. Pompliano attributes this performance to Bitcoin's unique characteristics, especially its utility in transferring value during conflicts. Additionally, he highlights a downward revision in his 'True Inflation' indicator, which now stands at 1.2%, suggesting that macroeconomic forces like tariffs and advancements in technology are contributing to deflationary pressures. The competitive landscape for Bitcoin ETFs is also intensifying, with major financial institutions like Morgan Stanley and BlackRock launching new products, further solidifying Bitcoin's institutional acceptance.