Bitcoin has surged nearly 10% since the Iran, Israel, and US conflict broke out, while gold remains flat during the same timeframe, despite it being widely considered as a safe haven during wars and geopolitical turmoil. BTC went from $64,000 to $74,000 since the war began, while the XAU/USD index fell from $5,300 to $5,020.
Bitcoin Gains More Than Gold in March
The development indicates that confidence in Bitcoin among the trading community is high, compared to gold. BTC received an influx of investments since March 1, making it sustainably scale up in the indices. Taking an entry position in BTC when geopolitical tensions arise has mostly delivered profits. Not just gold, Bitcoin has also outperformed the US dollar during the same timeframe.
“As geopolitical tensions escalate during the Iran war, Bitcoin has risen nearly 10%. It has outperformed both gold and the US dollar, signaling a shift in what investors value in crisis. Unlike traditional safe havens, Bitcoin is not just an asset you hold. It’s one you can move instantly, across borders, without banks, governments, or physical infrastructure. When capital controls tighten and uncertainty rises, that mobility is its greatest strength,” said Anuj Chaudhary, the founder of INRGrid Stable.
Chaudhary added that Bitcoin’s ability is special as it can never be seized or frozen, unlike gold. This makes BTC a better and safer investment than the glittery metal, as investors are in control. “Bitcoin’s self-custodial nature is redefining the concept of financial safety,” he said.
“Gold can be seized, currencies can be frozen, and banking systems can be disrupted, but when held in self-custody, Bitcoin remains accessible to its owner, regardless of their geographical location or the prevailing political climate. This combination of sovereignty, borderless transferability, and resilience is what is driving its emergence not just as a speculative instrument, but as a new-age safe haven built for an increasingly fragmented world,” he summed it up.
