Fact proven: Safe-haven assets are always relative!



After Iran closed the Strait of Hormuz, geopolitical conflicts in the Middle East continued to escalate. During this period, gold plummeted over 20% from its peak, triggering a comprehensive collapse in precious metals and global stock markets.

Meanwhile, oil surged dramatically on the other side, even affecting oil prices in a certain Eastern major power. After my dad learned that oil prices would spike significantly tonight, he immediately drove to the gas station and lined up to fill his tank.

In contrast, the crypto market performed relatively resilient during this bloodbath, with Bitcoin oscillating around 68000 without sharp rallies or crashes.

So, who is the real safe-haven asset?
BTC2,77%
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