Bitcoin Surges 17% While Gold, Silver Slide as War Rattles Markets

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<a href="https://jpyxx.com/btc-usd/">Bitcoin</a> Outperforms <a href="https://jpykr.com/gold">Gold</a>, <a href="https://topgamerz.ru/silver">Silver</a>, S&P 500 and Nasdaq Since the Iran War Began

Key Takeaways

  • Bitcoin up 16.76% since the Iran war began February 28.
  • Gold down 10.12%, silver down 15.58% over the same period.
  • S&P 500 and Nasdaq gained 0.06% and 1.91% respectively.
  • 50 SMA at $72,091 curling upward for first time since April 12 crash.
  • RSI fully converged at 71.32.

As of April 14th, Bitcoin is valued at $74,740, a 16.7% increase since the start of the conflict in Iran on February 28th. In contrast, gold has decreased by 10% and silver by 15.58% over the same timeframe. The S&P 500 saw a minimal gain of under 0.1%, while the Nasdaq rose by 1.91%.

Over a six-week period marked by significant international events – including military actions between the US and Israel in Iran, reports of an assassination attempt on Iran’s leader, disruptions to shipping through the Strait of Hormuz, failed negotiations in Islamabad, and a US naval blockade – Bitcoin unexpectedly rose in value. Historically, such events cause investors to move money into safer investments, but in this case, Bitcoin saw an increase instead.

Gold didn’t just underperform. It moved in the opposite direction.

What the Chart Confirms

As a researcher, I’ve been closely watching Bitcoin’s price action. Currently, it’s trading around $74,743, which is $2,652 above its 50-day Simple Moving Average (SMA) – currently at $72,091. What’s particularly interesting is that this SMA is now starting to turn upwards. It’s been a significant journey – it fell during the recent sell-off, then leveled off as prices recovered. Now, seeing it rise suggests a real change in the underlying trend, and isn’t just a short-term fluctuation.

The Relative Strength Index (RSI) is at 71.32, very close to its signal line at 71.35, indicating the upward momentum is slowing down. Both are in overbought territory, meaning the price has risen quickly but is now stabilizing. The price is staying within its current range, not breaking higher. While this looks like a pause rather than a sell-off, a new factor will be needed to start another price increase.

Why the Comparison Matters

As a researcher tracking Bitcoin, I’ve always understood the common idea that it acts like a risk asset – meaning it tends to fall when stock markets do, and rise when they recover. However, a recent period, from February 28th to April 14th, really challenged that assumption. During those weeks, stock markets essentially stayed flat, and traditional safe havens like gold and silver actually *lost* value – dropping by double-digit percentages. Interestingly, Bitcoin went in the opposite direction, gaining a solid 17% during the same timeframe. This suggests Bitcoin didn’t behave like a typical risk asset during this period of geopolitical uncertainty.

There are a few possible reasons for the recent market activity, and they aren’t necessarily separate issues. Some large investors might be shifting funds from gold to Bitcoin, seeing Bitcoin as a more secure and easily transferable long-term investment. The war in Iran also likely played a role, as it caused problems with the physical delivery of commodities like gold and silver, while Bitcoin isn’t affected by these kinds of disruptions. Finally, investors may simply believe Bitcoin’s limited supply is a stronger guarantee of value than gold’s, especially given the potential for disruptions to shipping routes like the Strait of Hormuz.

The data doesn’t prove what caused the separation, but it does show it occurred during a period of significant and prolonged geopolitical tension in the Middle East – the most intense since 2003.

What’s Next?

If upcoming ceasefire talks confirm a sustained de-escalation, Bitcoin will likely strengthen its recent positive momentum. Its 17% gain over the past six weeks – while other assets have stalled or declined – is significant enough to potentially influence how institutions invest. This upward trend is supported by technical indicators, including a rising 50-day simple moving average and a stable Relative Strength Index.

If the current situation escalates into actual conflict – not just typical negotiation uncertainty – before any talks begin, Bitcoin will face a real test. Gold and silver have already dropped in value by 10–15%. A sudden worsening of the situation will show whether Bitcoin truly behaves independently of traditional markets, or if it only performed well during a particular type of global tension and may struggle with others.

Whether Bitcoin is a technical play or a strong investment idea is more important than its current price. The fact that Bitcoin has risen above its 50-day moving average, and that it’s significantly outperformed gold even with ongoing conflicts, suggests potential strength. The next couple of weeks will be crucial in determining which of these factors – technical performance or fundamental value – is truly driving its performance.

This article is for informational purposes only and shouldn’t be considered financial, investment, or trading advice. Coindoo.com doesn’t support or suggest any particular investment or cryptocurrency. Always do your own research and talk to a qualified financial advisor before investing.

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2026-04-14 13:17