The ongoing conflict involving Iran has triggered sharp swings across global assets, and crypto is right in the middle of it. Bitcoin drops, altcoins bleed harder, and volatility spikes overnight.
But here’s the key: these moves aren’t random. They follow patterns. If you understand the forces behind them, you can manage risk and even find opportunities.
Let’s break it down.
For centuries, gold has been regarded as the ultimate store of value and safe haven asset, a hedge against inflation, economic downturns, and geopolitical risks. However, with the rise of digital currencies, particularly Bitcoin, the financial landscape is changing. Many proponents argue that Bitcoin is the “digital gold” of the 21st century. But how valid is this comparison? Let’s dive into the similarities and differences between Bitcoin and gold in terms of being a store of value and safe haven asset.