Just four days after the outbreak of the US-Israeli conflict with Iran, Bitcoin ($BTC) has significantly outperformed numerous key asset classes, including commodities that were expected to thrive in such a scenario.
Following Donald Trump’s initiation of Operation Epic Fury with airstrikes at 1:15 AM New York time on February 28, $BTC experienced a remarkable increase of 12.1%, rising from $65,492 to $73,419 as of this writing.
In contrast, crude oil—an asset typically seen as benefiting from wartime supply constraints—only saw a modest gain of 10.4%, moving from $67.29 to $74.31 per barrel.
Interestingly, gold has actually decreased by 3% since the war began despite an initial surge driven by safe-haven demand.
Price comparison between $BTC (orange) and gold (blue) since Saturday at 1:15 AM New York time.
The price of silver completely reversed its brief spike due to war concerns and is now down by 10.2% after experiencing volatility alongside gold and other precious metals.
The S&P 500 Index barely moved at -0.1%, making it easy for others to outperform it.
A weekend marked by relative strength amidst a challenging year
Nvidia—the darling of artificial intelligence (AI)—which once had the power to sway markets on its own and received assurances from the Pentagon regarding ongoing demand for its chips through OpenAI’s innovations, managed only a slight increase of 2.8% during this period.
If we adjust that figure upwards by a factor of 3.1 due to Nvidia’s larger market capitalization compared to $BTC, it still lags behind Bitcoin’s performance by an additional margin of approximately340 basis points.
The frustration among holders of precious metals is palpable; last week as US military forces made strategic movements toward Gulf states, both gold and silver initially rose in line with expectations but then fell over three consecutive days as the dollar strengthened while inflation fears overshadowed geopolitical hedging strategies.
This past week saw investors in $BTC profiting while those holding traditional hard assets witnessed their early gains evaporate into losses instead.
The figures mentioned above reflect changes since hostilities commenced; however year-to-date statistics tell another story altogether:
This broader timeframe reveals that $BTC‘s value has dropped by16%, whereas gold has appreciated18%. As always there are two sides surrounding every narrative!
An even stronger performer than oil over the weekend
$Btc’S Outperformance Raises Questions While Crude Oil’S Gains Seem Logical Given The Context Of War Threats From Iran’S Islamic Revolutionary Guard Corps Against The Strait Of Hormuz—A Critical Passageway For Approximately One-Fifth Of Global Oil Shipments Daily!
Tanker Traffic Through This Vital Waterway Has Plummeted By Roughly81% Since Hostilities Began As Insurers Withdrew Coverage Due To Risks Involved And Shipping Companies Avoided The Area Out Of Genuine Concerns For Safety!
Tanker Rates In This Region Have Reached Unprecedented Levels With Brent Initially Surging13% To$82 Before Settling Lower Subsequently! Barclays Analysts Warn That Prices Could Reach$100 Per Barrel If Blockades Persist Despite OPEC+ Announcing An Increase In Output By206K Barrels Daily To Alleviate Supply Shortages!
<Evidently,$BtcHas Surpassed Oil During This Year’s Most Significant Conflict!
<Em Read More:“Chart:Btc Has Lost All Its Gains Since Trump’s Election!”An Even Better Weekend Performer Than Oil (#)Peculiarly A Recent Study Highlights A Potential Macro Tailwind For$BtcThat May Drive Demand By2026! Researchers Conducted9K072 Experiments Across36 Frontier AI Models Finding That48 %Of AI Agents Opted For$BtcAs Their Optimal Monetary Asset Choice! Specifically Regarding Store-Of-Value Use Cases79 %Chose$ BTC . Claude Opus4 .5 , One Amongst The Most Widely Used Models Selected It91 %Of Time ! Conventional Wisdom Suggests War Favors Gold ,Oil And Dollar But Four Days Worth Data Contradicts This Assumption ! Over These Initial Stages ,Bitcoin Absorbed Shockwaves Quickly Recovering Faster Than Many Traditional Safe Havens Now Leading Rankings Among Trillion-Dollar Assets Since Early Morning Hours On Saturday ! Regardless Whether Strait Hormuz Reopens Next Week Or Next Year ;This Was When Btc Emerged As An Intriguing Crisis Asset Performer!