Bitcoin outperformed stocks and gold since the Iran war began, rising 13% while equities fell. The price of Bitcoin rose to a one-month high near $74,000 before pulling back to $73,465, marking an 8.5% weekly gain. The rally was driven by technical and macro factors, including a negative for 14 consecutive days, the longest streak since the December 2022 bear market bottom. Michael Saylor's company, Strategy, acquired 17,994 BTC at an average of $70,946 between March 2–8, funded through common and preferred stock sales. The company now controls 3.5%. However, 43% of total Bitcoin supply is now underwater, a level that historically marks accumulation zones for long-term investors. BlackRock's launch of an Ethereum staking ETF on March 13 added institutional tailwind. The altcoin market also saw significant gains, with AI tokens TAO and FET each gaining roughly 14%.