Bitcoin24h $62,849.25+0.08%

Ethereum24h $1,866.06+0.22%

BNB24h $577.49-1.59%

XRP24h $1.06-0.09%

Solana24h $72.72-0.64%

TRON24h $0.3288+0.82%

Hyperliquid24h $52.51-1.65%

Dogecoin24h $0.0700+0.65%

UNUS SED LEO24h $9.77+0.02%

Zcash24h $472.17+2.94%

Bitcoin outperforms gold as Iran war shakes ‘safe-haven’ trade

Since Donald Trump joined Israel’s war with Iran on February 28, BTC has rallied 8% while gold has fallen 18%.

Bitcoin outperforms gold and oil in first days of US-Iran war

Curiously, BTC has demonstrated relative strength among trillion-dollar assets since the onset of the Iran war.

A 72-hour rally in gold this week added twice as much value to the precious metal than the entire market capitalization of BTC.

The world’s largest crypto exchanges waited until gold had already rallied 70-80% to open up traditional products for retail trading.

BTC has lagged far behind gold over the past year. By one calculation, BTC is 68% lower than it should be.