Bitcoin's Profitability Amidst Conflict: Gold Falters, Dollar Stagnates, But This Currency Delivers Gains
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Bitcoin Soars Amidst Geopolitical Tensions, Outperforming Gold and Dollar
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News18•17-03-2026, 12:56
Bitcoin Soars Amidst Geopolitical Tensions, Outperforming Gold and Dollar
•Gold, traditionally a safe haven, is sluggish despite geopolitical conflicts and oil supply chain fears, while the dollar shows limited profitability.
•Bitcoin has surged over 12% since the America-Iran conflict began, reaching a six-week high of $74,500, contrasting with gold's 5% decline.
•Institutional investors are heavily investing in Bitcoin, with US spot Bitcoin ETFs seeing over $1.3 billion in March investments.
•Other cryptocurrencies like Ether, Solana, and XRP also recorded significant gains.
•Gold's decline is attributed to a strengthening US dollar, high crude oil prices, and reduced expectations of interest rate cuts, making interest-bearing assets more attractive.
