As tensions in the Middle East rise, the price of gold has surged close to its all-time high, reaching $3,450 per ounce. Analysts associate this increase with a flight to safety amid geopolitical concerns and inflation worries. Despite this, Bitcoin has shown different behavior, gaining only 13% in 2025 so far, and is currently trading lower than its recent peak of $111,800. Analysts suggest that Bitcoin operates more like a risk asset, similar to US equities, rather than serving as a safe haven like gold. IG Markets analyst Tony Sycamore indicates that Bitcoin's price could rise if it maintains support levels. Meanwhile, oil and gold are expected to perform counter to equities and Bitcoin in the short term. Eugene Cheung, chief commercial officer at OSL, notes that if sentiments shift towards alternative stores of value, Bitcoin may gain momentum, especially with the upcoming Federal Reserve meeting anticipated on Wednesday, where no interest rate changes are expected.

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