Bitcoin Sold Off First When The U.S.-Iran War Began. Two Weeks Later, It's Outperforming Nearly Everything

Bitcoin experienced a sharp selloff in the immediate aftermath of the U.S.-Iran military escalation in early March 2026, mirroring broader risk-off sentiment across global markets. However, within two weeks, the cryptocurrency staged a notable recovery and began outperforming equities, bonds, and commodities. The reversal echoed a pattern seen during prior geopolitical crises, where Bitcoin initially trades as a risk asset before decoupling and attracting capital seeking alternatives to traditional safe havens. Analysts pointed to increased stablecoin inflows and rising spot volumes on major exchanges as evidence of renewed institutional interest during the conflict. The episode adds to the growing body of evidence that Bitcoin's correlation with traditional risk assets is weakening during geopolitical stress events. No direct fraud or scam indicators were identified in this reporting.