(March 10): Bitcoin advanced along with global markets after US President Donald Trump signalled the US war on Iran could be ending soon. And also in part to “de-grossing from tradfi market participants closing out short exposure in Bitcoin". Earlier Monday, Bitcoin was outperforming equities as the spike in oil prices prompted some advocates to tout the digital asset as a potential inflation hedge. So far this month, Bitcoin has outperformed gold, which is widely recognised as an inflation hedge. Until last week, the trend in recent months had largely been the opposite, as bullion repeatedly hit record prices while Bitcoin tumbled.

Source: The Edge Markets March 10, 2026 01:23 UTC