Bitcoin Is Beating Gold During War, Peter Schiff Pushes Back
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- Bitcoin gained about 7.75% during the U.S.–Iran conflict, outperforming major assets.
- Traditional safe havens struggled, with gold down 5.5% and silver falling over 13%.
- Peter Schiff says the conflict could accelerate global de-dollarization trends.
More than fifteen days into the US-Iran war, and the numbers tell a story that would have been unthinkable two years ago. Bitcoin is up 7.75%. Gold is down 5.5%. The S&P 500 has shed 3.85%. Silver has collapsed 13.22%. The Nasdaq is off 3%.
The crypto market has quietly added $240 billion in value during one of the most intense geopolitical flashpoints in recent memory. The asset that was supposed to crash hardest in a war is the only major asset finishing green.
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