Gold Out, Bitcoin In: JPMorgan Declares the Winner of War-Time Markets

According to JPMorgan analysts, investor behavior has notably changed during the Iran-related conflict. While traditional safe-haven assets like gold and silver faced significant outflows, Bitcoin (BTC) demonstrated stronger resilience and performance. This shift highlights the growing role of digital assets as an alternative store of value during times of crisis.

The report reveals that approximately $11 billion exited gold ETFs خلال the first three weeks of March, while all previous inflows into silver since last summer have been wiped out. In contrast, Bitcoin recorded net inflows over the same period, clearly signaling a shift in investor preference. Analysts also noted that gold lost around 15% of its value this month, prompting profit-taking among investors.

On both retail and institutional fronts, similar trends are emerging. In Iran, users are reportedly moving funds from local platforms to personal wallets and international markets, driven by Bitcoin’s borderless and 24/7 nature. Meanwhile, futures market data indicates declining institutional interest in precious metals, while Bitcoin positions remain relatively stable and resilient.