Why Bitcoin Stayed Firm During the Iran-US War After a 50% Pre-War Drop

The article says Bitcoin had already finished a major selloff before the Iran-US war began on February 28, 2026, falling 50% from $126,100 to around $63,000. During the conflict, BTC rebounded to about $76,800 while gold slid from a $5,600 peak to $4,150 and the Nasdaq later recovered faster than Bitcoin, rising 24% from its March low versus BTC's roughly 20% bounce.