Bitcoin outperforms gold and stocks during Iran war

Last Updated on 13 March 2026 by CryptoTips.eu

It’s been a while since I had the chance to say this, but in the week and a half since the US-Israeli attack on Iran, Bitcoin has outperformed gold and most stock markets.

Since the start of the war, the largest cryptocurrency has risen by about 7%, gold has remained virtually unchanged, and the S&P 500 has fallen by about 2%.

Bear market

Bitcoin’s performance is a welcome development for the crypto sector, which is exiting a difficult period. The price fell to a low of $63,000 about a month ago, a 50% drop from its all-time high reached in October 2025. The end of the bear market appears to be near.

The fact that you can trade crypto 24/7 during a war like this is a particular advantage. When the conflict with Iran escalated the past weekend, crypto markets were the only open space for global risk trading. This is a structural advantage that traditional markets still cannot match (oil does not trade during the weekend).

Technically, Bitcoin needs to break through its recently achieved resistance area of $72,000-$73,000 to complete another leg-up, but it does indeed appear that, after a week and a half of geopolitical crisis, we may have reached the end of the bear market

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / jeroen@cryptotips.eu