Bitcoin Acts Like Stocks, Not Gold, Amid Mideast Tensions

As Middle East tensions escalate, gold prices are near all-time highs, seen as a safe haven. However, Bitcoin, up just 13% this year, is reacting more like risky stocks. Analysts suggest BTC correlates with US equities, falling with market downturns and recovering with rebounds, rather than mirroring gold’s traditional safe-haven role.“Should additional data or comments made by economic officials indicate wider concern over inflation or interest rate policy, this price could very easily tip into new, record territory,” CBS News reported over the weekend.