Overview
- Mercado Bitcoin’s research reports that bitcoin has led short‑term returns after recent shocks, with a fresh example showing bitcoin up about 2.2% during the current U.S.–Iran conflict as gold fell roughly 11% and the S&P 500 dropped 4.4%.
- The study reviews defined 60‑day windows after events such as the COVID‑19 outbreak in March 2020, finding bitcoin rose 21% while gold and the S&P 500, a broad U.S. stock index, lagged.
- Following the Trump administration’s tariff announcement in April last year, the analysis shows bitcoin gained 24% over 60 days versus an 8% rise for gold and a 4% climb for the S&P 500.
- Lead author Rony Szuster warns that quick post‑crisis reads can mislead because investors often sell assets to raise cash, which can push even defensive holdings lower before any rebound.
- CoinCentral adds recent fund‑flow context, noting $1.32 billion of March inflows to U.S. spot bitcoin ETFs as gold ETFs saw $2.92 billion in outflows, and quoting an analyst who predicts bitcoin funds could one day surpass gold funds.