Gold Hits Stunning $3200 as Safe Haven Demand Soars – Is Bitcoin Next?
The ongoing U.S.-China trade war has pushed gold prices to an all-time high of $3200 per ounce. Investors are flocking to gold, viewing it as a reliable safe haven amidst rising global tensions. While gold thrives, Bitcoin is gaining traction as an alternative safe-haven asset. CryptoQuant’s Alex Adler Jr highlights Bitcoin’s increasing perception as digital gold, which may drive investor interest in the cryptocurrency. With geopolitical uncertainties influencing trades, Bitcoin could emerge as a strong competitor to gold, particularly among younger investors seeking modern alternatives. As more individuals pivot to cryptocurrencies, this could reshape the landscape of safe-haven investments.