But as this article points out, gold went up, while Bitcoin and other cryptos didnt.
So now theyre concluding that Bitcoin isnt a safe haven, just because of a short-term price drop? That feels like a rushed judgment.
We should not expect the crypto market to always respond to all economical news, because not all are positive for it to react upon, whereas the systems are different, there have been countless times whereby bitcoin rises and the general centralized markets like stocks are falling.
Another point of view is this, as at this season, we should never forget that gold is already pumping high and has been performing well in the market making all time highs, that been said, their networks and systems operates differently and they may not all pump or dump at the same time, as their performance are not interdependence.