Amid rising U.S-China tensions, investors are turning to safe-haven assets like Bitcoin and Gold. Notably, over 60 new whale wallets have emerged, each holding 1,000+ BTC since early March. China has been quietly increasing its gold reserves, signaling a defensive move amidst escalating trade tensions.
The People’s Bank of China’s accelerated bullion accumulation reflects growing caution in the face of global market instability. Bitcoin has remained strong above $87,000 despite recent turbulence, prompting questions about whether it is becoming the new safe haven in a world of uncertain fiat and fractured diplomacy. The cryptocurrency is currently trading at $90,107.15, with a 3.27% increase in the last 24 hours.
Gold prices have reached $3,401, driven by aggressive institutional buying, especially from China. Analysts like Peter Schiff believe that gold could rally further if political pressure forces the Federal Reserve into rate cuts. Additionally, there is a spike in institutional interest in digital assets, as highlighted by the growing number of whale wallets holding significant amounts of BTC.
As the U.S-China tariff tensions escalate, global investors are seeking refuge in safe-haven assets like Gold and Bitcoin. Despite Bitcoin’s appeal as a modern alternative to Gold, there is still uncertainty in the market. ETF outflows totaling nearly $5 billion suggest investor hesitation, while conflicting narratives around China’s Bitcoin strategy add to the complexity. Bitcoin’s resilience amidst divergent signals highlights its evolving role in global finance. Traders are weighing their long-term positions in a world filled with economic instability.
