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Bitcoin price has increased by 16.76% since the start of the Iranian war on February 28.
Gold price has decreased by 10.12%, and silver price has fallen by 15.58% during the same period.
The S&P 500 index has risen by 0.06% and the Nasdaq index by 1.91%, respectively.
The 50-day simple moving average at $72,091 is bending upward for the first time since the collapse on April 12.
The Relative Strength Index (RSI) is fully approaching at 71.32.
Bitcoin is trading at $74,740 on April 14, up 16.7% since the start of the Iranian war on February 28. During the same period, gold lost 10%, silver dropped by 15.58%, the S&P 500 index increased by less than 0.1%, and the Nasdaq index added 1.91%.
The six weeks that produced these numbers have seen notable events, including U.S.-Israeli strikes on Iran, Khamenei's assassination, the closing of the Strait of Hormuz, the collapse of Islamabad talks, and the U.S. naval blockade. Each historic event pushes funds into safe havens, contributing to the rise in Bitcoin's price.
Not only did gold underperform, but it also moved in the opposite direction.