The financial world had a script for a Middle East war in the past. That was sell risk, buy gold, buy Treasuries, buy the dollar. In 2026, none of that has worked. Bitcoin, however, is emerging as a potential winner. It has outperformed every traditional haven since the US-Israel strikes on Iran began on February 28, and the structural reasons behind that performance are harder to dismiss than is typical for crypto arguments. The Strait that changed the math The Strait of Hormuz is not technically closed. It is economically closed, which turns out to be the same thing. Before the war, roughly 3,000 vessels transited the strait each month, carrying approximately one-fifth of the world’s seaborne oil trade.
Source: Read the original article
