benzinga69d ago
The worst energy crisis in history just got even worse. Could this be bitcoin’s breakout moment, or are we in for a lot of pain? One step forward... Last week saw a massive rally in risk assets, as plans for peace talks between Iran and the US started to take shape. Bitcoin rallied almost 10%, the S&P 500 soared by almost 4%, bond yields fell, and oil plunged back under $100 per barrel. While gold, bonds, stocks, and bitcoin all moved higher, the big picture needs to be emphasized: Bitcoin held its outperformance over every other asset class, including the traditional safe haven of gold. Bitcoin continues to absolutely crush every other asset class Neither gold, nor Treasury bonds have acted as a safe haven in the times of geopolitical stress and uncertainty But bitcoin has pic.twitter.com/nwIiqSKBmL — Milo (@milocredit) April 11, 2026 The worst energy crisis in history, which had been rocking markets and threatening a global recession, appeared to be nearing an end (at least, to the mainstream media). [ Here's why this matters for BTC ] Three steps backward Peace talks began in Islamabad, Pakistan, on Saturday morning and carried on almost all day. Reports were that there were significant differences between the two sides and that progress toward closing the gulf between the two sides had stalled. The ... Full story available on Benzinga.com
