$BTC The value of Bitcoin has fallen, while gold has regained its status as a safe haven, according to analysts.
- This trend was reversed as investors turned from the world's most valuable cryptocurrency, Bitcoin, in favour of gold.
- Gold gains exceeded Bitcoin gains, with gold rising by 27% and Bitcoin rising by 12% since the beginning of the year.
- The trade war waged by the Trump administration has raised concerns about inflation and a slowdown in the global economy.
However, the attractiveness of gold as a safe haven remains a reliable factor for portfolio diversification.
Some analysts suggest that Bitcoin may have brighter prospects as traditional finance companies increase in this field to meet investor demand.
- Bitcoin funds have added $7.3 billion since late April, while gold exchange-traded funds have lost $4.9 billion.
