ProShares Advisor Simeon Hyman revealed that Bitcoin ($BTC ) has become a shining asset, outperforming the U.S. stock index Nasdaq and gold amid the war in the Middle East.

“If you look at Bitcoin, its price has slightly increased while stocks have fallen (since the Iran war started). So, I think the diversification strategy is really relevant in the current environment,” he said, citing CNBC.

It has been proven that Nasdaq and gold have fallen by 0.72 percent and 6.4 percent respectively in the last week.

Bitcoin showcases its greatness during the ongoing war. Reportedly, this digital asset saw a rise of 9.6% according to calculations by the Crypto Academy Editorial Team through Trading View.

Disclaimer Alert. Not Financial Advice (NFA). Do Your Own Research (DYOR).

-# Source of image: Crypto Academy 2026