On February 28, 2026, the U.S. and Israel struck Iran. When Operation Epic Fury was announced, gold prices rose immediately. Bitcoin, by contrast, plunged to $63,000 intraday before recovering within a day. Bitcoin moves differently from gold during geopolitical shocks like war. It tends to recover relatively quickly after the initial drop, but cascading forced liquidations of leveraged traders make the drawdown far deeper. The intraday decline reached -9.3% during the Iran-Israel strikes and -7.6% during the Ukraine invasion. Gold rose at those same moments, a stark contrast. Can we really call Bitcoin “digital ... (full story)