Bitcoin continues to slip against gold, testing the 'safe haven' trade

Gold is rallying on rate cut expectations and geopolitical risk, while bitcoin has struggled to hold key psychological levels and remains sensitive to the same forces that tend to hit equities and other risk assets. What to know : Gold is experiencing significant gains, driven by rate cut expectations and geopolitical risks, while bitcoin struggles to maintain key levels. Bitcoin's performance is hindered by market positioning and macroeconomic factors, contrasting with gold's role as a reserve asset. Gold-backed ETFs have seen consistent growth, with major banks forecasting further price increases in the coming years.