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浩泽 Hào Zé
The Wrong Safe Haven?
Trump brings Iran back into focus, and markets instantly turn defensive.
Gold rises.
Treasuries gain.
The dollar strengthens.
BTC gets hit.
That’s the key: when fear spikes, institutions usually cut high-volatility assets first. BTC may be called “digital gold,” but in a real risk-off move, it still trades more like a risk asset.
Don’t confuse BTC with a safe haven just yet. In panic, it may be the first thing sold—not the first thing bought.
$BTC $ETH
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