Source: Fortune
Summary
Bitcoin has outperformed gold and stocks since the start of the US-Israeli attack on Iran, rising about 7% to around $71,000. In contrast, gold has remained stable at around $5,240, and the S&P 500 has fallen about 1%. Crypto stocks have benefited from their 24/7 trading structure, allowing them to capitalize on global risk trading during the conflict. Other cryptocurrencies, such as Ethereum and Solana, have also seen gains of around 7%.
Our Reading
The numbers tell one story.
Bitcoin’s performance is a welcome sight for the digital assets sector, which had previously seen a decline. Crypto stocks have an edge due to their 24/7 trading structure. President Trump’s comments on the potential end of the war have also contributed to Bitcoin’s rise. Gabe Selby, head of research at CF Benchmarks, notes that a sustained close above $72,000-$73,000 could shift the narrative to genuine momentum recovery. Bitcoin is currently trading at around $71,000.
The conflict has highlighted the structural advantage of crypto-native markets.
Author: Evan Null
