Capital.com analysis shows Bitcoin fell from ~$66,000 to $63,000 after Feb 28 US/Israeli strikes, erasing $128 billion in market cap.
Gold maintained its safe‑haven status, holding ground while Bitcoin participation dropped 9% below pre‑conflict levels.
Oil attracted the strongest trader rotation, with unique traders up 328% and volumes rising 1,042% versus pre‑conflict averages.
Iran reportedly demanded Bitcoin for certain payments during Strait of Hormuz closures, highlighting its use as an alternative payment system.