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Gold vs. Bitcoin: Is Bitcoin Still a Safe Haven Asset?
As geopolitical tensions in the Middle East escalate and uncertainty looms over U.S. macroeconomic policy, market participants are once again turning their attention to traditional “safe haven” assets. Yet, Bitcoin (BTC) and gold (XAU) — often compared in this context — have recently diverged significantly in their price action. While Bitcoin consolidates near the $105,000 level, gold continues its upward trajectory, edging closer to all-time highs.
Market Snapshot
Bitcoin (BTC)
After breaching the $110,000 mark, Bitcoin has lost upward momentum in the near term, entering a consolidation phase with heightened volatility and a lack of clear direction.
BTCUSDT
Spot Gold (XAU)
Gold has maintained a steady upward trend, currently trading around $3,450/oz, and recently testing its yearly highs.
XAUUSD
Is Bitcoin’s ‘Safe Haven Narrative’ Still Valid?
Gold’s safe haven appeal is rooted in its historic role as a geopolitical hedge and a store of value. Recent Israeli airstrikes on Iran have sharply worsened conditions in the Middle East — a scenario that traditionally boosts demand for gold. The European Central Bank’s June 11th report noted that gold now comprises 20% of global official reserves, surpassing the euro’s 16% share and trailing only the U.S. dollar at 46%. Gold reserves globally are nearing levels last seen in the post-WWII Bretton Woods era.
Institutional buyers — including central banks, pension funds, and sovereign wealth funds — dominate the gold market, bringing relatively rational and conservative capital. As a result, gold price movements tend to be gradual and stable.
Bitcoin, on the other hand, has carved out a different kind of safe haven narrative — as a hedge against fiat currency devaluation and long-term inflation. In an environment of global monetary easing, Bitcoin’s appeal as an “anti-inflationary asset” continues to hold relevance.
Outlook and Investment Considerations
Currently, the Federal Reserve has yet to signal a definitive pivot toward rate cuts. With ETF inflows slowing, Bitcoin lacks immediate bullish catalysts, resulting in consolidation after reaching a local peak.
Moreover, BTC sentiment is closely tied to ETF flows and on-chain activity, making it more reactive to shifts in market risk appetite. As Bitcoin approached new highs, profit-taking behavior by large holders increased, shifting the short-term market toward arbitrage-driven dynamics.
Looking ahead, May CPI data came in below expectations, fueling optimism that the Fed may cut rates twice this year. According to CME FedWatch Tool, markets are now pricing in a 76.3% probability of a rate cut by September. This sets a favorable macro backdrop for crypto assets, particularly those seen as inflation hedges.
Meanwhile, geopolitical risk in the Middle East continues to pressure oil prices upward. The BTCC research team expects persistent inflation and a possible stagflationary environment in the U.S. — a scenario that historically favors alternative assets like Bitcoin.
Risk Disclaimer:The above content is for informational purposes only and does not constitute investment advice or trading recommendations. The market involves risks; investors should exercise caution and proper risk management.
How to Trade Crypto on BTCC?
This brief instruction will assist you in registering for and trading on the BTCC exchange.
Step 1: Register an account
The first step is to hit the “Sign Up” button on the BTCC website or app. Your email address and a strong password are all you need. After completing that, look for a verification email in your inbox. To activate your account, click the link in the email.
Step 2: Finish the KYC
The Know Your Customer (KYC) procedure is the next step after your account is operational. The main goal of this stage is to maintain compliance and security. You must upload identification, such as a passport or driver’s license. You’ll receive a confirmation email as soon as your documents are validated, so don’t worry—it’s a quick process.
Step 3. Deposit Funds
After that, adding money to your account is simple. BTCC provides a range of payment options, such as credit cards and bank transfers. To get your money into your trading account, simply choose what works best for you, enter the amount, and then follow the instructions.
- Fiat Deposit. Buy USDT using Visa/Mastercard (KYC required).
- Crypto Deposit. Transfer crypto from another platform or wallet.
Step 4. Start Trading
If you wish to follow profitable traders, you might go for copy trading, futures, or spot trading. After choosing your order type and the cryptocurrency you wish to trade, press the buy or sell button. Managing your portfolio and keeping track of your trades is made simple by the user-friendly interface.
Look more for details: How to Trade Crypto Futures Contracts on BTCC
BTCC FAQs
Is BTCC safe?
Based on its track record since 2011, BTCC has established itself as a secure cryptocurrency exchange. There have been no reports of fraudulent activity involving user accounts or the platform’s infrastructure. By enforcing mandatory know-your-customer (KYC) and anti-money laundering (AML) procedures, the cryptocurrency trading platform gives consumers greater security. For operations like withdrawals, it also provides extra security features like two-factor authentication (2FA).
Is KYC Necessary for BTCC?
Indeed. Before using BTCC goods, users must finish the Know Your Customer (KYC) process. A facial recognition scan and legitimate identification documents must be submitted for this process. Usually, it is finished in a few minutes. This procedure has the benefit of strengthening the security of the exchange and satisfying legal requirements.
Because their accounts will have a lower daily withdrawal limit, those who do not finish their KYC are unable to make deposits. It should be noted that those who present a legitimate ID without a facial recognition scan will likewise have restricted withdrawal options.
Is There a Mobile App for BTCC?
Indeed. For users of iOS and Android, BTCC has a mobile app. The exchange’s website offers the mobile app for download. Since both the web version and the mobile app have the same features and capabilities, they are comparable.
Will I Have to Pay BTCC Trading Fees?
Indeed. BTCC levies a fee for trade, just like a lot of other centralised exchanges. Each user’s VIP level, which is unlocked according to their available money, determines the different costs. The BTCC website provides information on the charge rates.
Can I Access BTCC From the U.S?
You can, indeed. According to its website, BTCC has obtained a crypto license from the US Financial Crimes Enforcement Network (FinCEN), which enables the cryptocurrency exchange to provide its services to investors who are headquartered in the US.
According to BTCC’s User Agreement document, its goods are not allowed to be used in nations and organisations that have been sanctioned by the United States or other nations where it has a licence.
BTCC Guide:
- How to Trade Crypto Futures Contracts on BTCC
- BTCC Guide-How to Deposit Crypto on BTCC?
- What is Crypto Futures Trading – Beginner’s Guide
- What is Leverage in Cryptocurrency? How Can I Trade at 100X Leverage?
- BTCC Review 2024: Best Crypto Futures Exchange
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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
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