Gold's Resurgence Threatens Bitcoin's Safe-Haven Status

A recent trend in gold investment could potentially impact Bitcoin's lead as a safe-haven asset.

The metals sector appears bearish on charts, with gold up by 8% and silver over 10% quarterly, but this pales compared to Bitcoin's 30% return on investment (ROI).

However, despite the conventional relationship between gold and Treasury yields flipping this quarter, with gold advancing nearly 15% as the 10-year U.S. Treasury Yield jumped almost 20%, analysts note that central bank demand is supporting gold.

This divergence suggests structural demand may now outweigh gold's sensitivity to monetary expectations, with over $500 billion reportedly entering gold and silver.