Bitcoin Outperforms Gold Amid Geopolitical Turmoil, Redefining Safe-Haven Status
Bitcoin Outperforms Gold Amid Geopolitical Turmoil, Redefining Safe-Haven Status
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Amidst escalating geopolitical tensions stemming from the Iran war, Bitcoin (BTC) has demonstrated a significant rally, gaining 8% since February 28. In contrast, gold, traditionally viewed as a safe-haven asset, has fallen by 18% during the same period. This trend suggests a potential re-evaluation of store-of-value assets in times of conflict, with Bitcoin challenging gold's long-held status.