Bitcoin, Gold tested in West Asia crisis: ‘We’re in for a choppy week!’
The post Bitcoin, Gold tested in West Asia crisis: ‘We’re in for a choppy week!’ appeared on BitcoinEthereumNews.com.
Gold’s role as the go-to safe haven is being tested during the 2026 West Asia crisis. Instead of rising, Gold and Silver lost nearly $2 trillion in value, surprising investors. This drop is largely due to rising U.S. bond yields, which make interest-bearing assets more attractive than Gold, which offers no returns. At the same time, large investors may be selling Gold to cover losses elsewhere, as it is one of the most liquid assets. Nic Puckrin, co-founder of Coin Bureau, told AMBCrypto, Gold is down 15% in the last five days – its worst week since 1983 – while the DXY index is holding up and 10-year Treasury yields have skyrocketed. With no end to the Iran war in sight, cash, not alternative assets, is emerging as the ultimate king. This has reignited the debate between Gold and Bitcoin [BTC]. While Gold supporters still trust its long-term stability, Bitcoin is gaining attention as it has risen around 7% during the same period. Now, whether this trend continues or reverses will likely depend on how liquidity, interest rates, and global risks evolve in the coming months. Until then, the community seems divided. Crypto community continues the Bitcoin vs. Gold debate For instance, analyst GordonGekko took to X and noted, Gold just suffered its biggest weekly loss in 40 years. This is the perfect storm to cement bitcoin as the new and digital gold. Meanwhile, other analysts estimate that Bitcoin is connected to a potential market worth over $200 trillion. This includes things like government reserves, company treasuries, and the global payments system. Source: David/X The key point is that Bitcoin doesn’t need to take over all of this to grow massively in value. With only 21 million coins, even capturing about 10% of this market could push Bitcoin’s price toward…
Filed under: News - @ March 24, 2026 12:25 am