Bitcoin (CRYPTO: BTC) has surged 14% since the Iran war began on February 28, outperforming the MSCI World Index and gold, which are down 4% and 5%, respectively.
Still, analysts warn the rally may fizzle by April and worsen by August.
The Outperformance Numbers
This marks a sharp contrast to the spectacular crash in October 2025, which saw Bitcoin’s value halve from its high above $126,000.
Crude oil surged more than 40%, bullion dropped roughly 5% for the month, and the MSCI World Index fell 4%.
Bitcoin has been an oasis of calm relative to the volatility in equities, gold, and oil.
“Bitcoin’s resilience here is less about narrative and more about mechanics,” said Rachael Lucas, an analyst at BTC Markets. “Institutional buyers, particularly corporate treasuries, are absorbing supply on every dip.”
The Put Unwind Catalyst
Markus Thielen, head of research …Full story available on Benzinga.com
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