Bitcoin overtook gold, stocks and oil in two weeks of war

💬 Bitcoin +13% since the beginning of the Iranian conflict. Gold +1.2%. S&P 500 -4.8%. Digital gold has ceased to be a metaphor.

The crypto market meets Monday with its best two-week result since October 2025. Bitcoin is trading around $72,000-$73,000, up 8.5% in the past week alone and more than 13% since conflict escalated in the Middle East.For comparison: over the same period, the S&P 500 lost 4.8%, gold rose only 1.2%, and oil, amid Iranian risks, added about 6%. Bitcoin has overtaken them all.

This is not an accident. Spot Bitcoin ETFs recorded about $1.3 billion in net inflows for March – and if the week ends in the green, it will be the first positive month for inflows since October 2025. The strongest one-day inflow came on Tuesday: $250.92 million, according to SoSoValue.Institutional capital is returning – quietly, methodically, precisely at the moment when retail investors have not yet decided to enter.

Main event tomorrow

On Tuesday, March 17, a two-day FOMC meeting begins – the rate decision will be released on Wednesday. The market is almost unanimous: the rate will remain in the range of 3.50%–3.75%. But the fact of the decision itself is secondary—Powell’s language is primary. The US economy grew just 0.7% in the fourth quarter of 2025, a significant downward revision from initial estimates.If Powell acknowledges the risks of a recession and indicates a rate cut on the horizon, the market will receive a new impetus towards $80,000. If he tightens the tone, a correction to $68,000 is inevitable.Six weeks of waiting are concentrated in one press conference.

📌 Key facts

▸ BTC: ~$72,000–$73,000 | +8.5% for the week, +13% since the start of the Iranian conflict ▸ S&P 500: -4.8% for the same period | Gold: +1.2% | Oil: +6% ▸ Bitcoin ETF: ~$1.3 billion in net inflows for March – first positive month since October ▸ US GDP Q4 2025: +0.7% – downward revision, recession risks growing ▸ FOMC: March 17-18, rate decision on Wednesday ▸ Trending today: ETHB (BlackRock), PI (Pi Network), ZEC (Zcash)

💡 What does this mean for the cryptocurrency market

Bitcoin’s behavior over the past two weeks is an argument that does not need to be explained to skeptics: the numbers speak for themselves.If tomorrow’s FOMC adds a dovish signal from Powell to this picture, the market will receive three coinciding catalysts: BTC’s geopolitical stability, institutional inflows and easing monetary rhetoric. Such a coincidence is rare.

⚠️ The material is for informational purposes only and does not constitute an investment recommendation.