BTC > Gold as an Iran high-beta hedge? Bitcoin vs USDBLACKBULL:BTCUSDBlackBull_MarketsBitcoin has outperformed gold since the start of the Iran conflict. In the 20 days since US and Israel launched their attack on Iran, Bitcoin has gained roughly 13%, recovering strongly after an initial dip. Gold, by contrast, saw an early move higher but has since declined, potentially pressured by a stronger U.S. dollar and elevated interest rate expectations. But why is Bitcoin not acting similar in the face of a stronger US dollar? Maybe it is, and it would be above $80K in an environment with a weaker US dollar. Either way, as a high-beta hedge, Bitcoin might be providing better trading opportunities than gold at the moment.