Global Turmoil: Bitcoin or Gold, Which is Safer?
On June 13, 2025, escalating tensions between Israel and Iran reached a new peak after Iran launched over 100 drones in retaliation for an earlier attack that killed senior Iranian military officials.
This conflict has sparked uncertainty across global financial markets, impacting both digital assets and precious metals.
Gold: The Classic Safe Haven Shines Again
Amid geopolitical instability, gold has reaffirmed its role as a reliable safe haven. Global gold prices recently hit US$3,445 per ounce and could climb to US$3,700 if the conflict escalates further.
Crypto analyst Ibrahim Assuaibi notes that gold is currently the top choice for preserving wealth during uncertainty.
Bitcoin: A Volatile Digital Asset Under Pressure
In contrast, Bitcoin faces significant pressure due to geopolitical unrest. Its price is projected to potentially drop to US$96,795.
A similar conflict in April 2024 caused the crypto market’s total capitalization to plummet from US$2.73 trillion to US$2.40 trillion in just 24 hours, highlighting the vulnerability of digital assets to geopolitical sentiment.
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Gold vs. Bitcoin: Comparing Safe Haven Assets
Criteria | Gold | Bitcoin |
---|---|---|
Price Stability | Relatively stable over the long term | Highly volatile |
Liquidity | High in global markets | High within crypto ecosystems |
Portability | Less practical for quick transactions | Easily accessible and transferable |
Market Perception | Trusted safe haven asset | Viewed as a high-risk asset |
Conclusion: Choosing the Right Asset in Times of Crisis
Amid uncertainties like the Israel-Iran conflict, gold proves to be a more dependable hedge.
While Bitcoin offers transactional ease and high return potential, its significant volatility makes it less ideal during crises. For investors prioritizing stability, gold remains the safer bet for now.