How Does Bitcoin Perform During Wars? The Answer May Surprise You

Dragosch explained that over the longer term, geopolitical conflicts raise prospects of higher inflation rates globally due to increased fiscal spending, looser monetary policy, and commodity price spikes, all of which benefit Bitcoin.The 2026 correlation data paints a sobering picture: Bitcoin’s correlation with gold turned negative at -0.27, while correlation with the Nasdaq surged to 0.75. Institutional risk models now treat Bitcoin as commodified risk rather than digital gold.BTC initially dropped from ...