Bitcoin outperforms S&P 500 and gold amid U.S.-Iran war, defying traditional market expectations.

Seventy-five days into the U.S.-Iran war, Bitcoin has gained 20%, outperforming both the S&P 500, which hit an all-time high, and gold, which fell 11%. This defies typical market behavior where stocks usually drop and gold rises during conflicts. Experts attribute Bitcoin's resilience to its 24/7 market operation and ease of cross-border transfer, allowing faster recovery and wealth preservation in conflict zones. The article suggests institutional investors may be mispricing Bitcoin by treating it as a high-risk asset, and highlights ongoing geopolitical tensions that could influence Bitcoin's future performance.