MarketVector and Coinbase unveiled an index tracking Bitcoin (BTC) alongside tokenized gold tokens PAXG and XAUT, highlighting a blended benchmark for digital and hard-asset value. The launch reflects growing interest in crypto as a store of value as Bitcoin’s equity correlation rises and gold posts stronger returns.
Donald Trump's proposal for a two-week ceasefire tied to safely reopening the Strait of Hormuz pushed crypto and gold higher while oil and the dollar slipped.
Fidelity's Jurrien Timmer says ETP flows indicate investors who exited Bitcoin in late 2025—including some who moved into gold—are returning to BTC. The shift points to renewed institutional interest and could affect liquidity and price dynamics.
Bitcoin has risen as investors reduce exposure to gold and equities amid renewed U.S.-Iran tensions, with crypto increasingly seen as a destination for geopolitical safe-haven flows.
On March 12, 2026, Ray Dalio argued Bitcoin cannot supplant gold, citing central bank demand and gold’s mature, time-tested market. He said BTC behaves more like a high-risk asset than a stable hedge.
Newmont's stock climbed after big analyst price target hikes, even as attributable gold reserves fell to 118.2 million ounces in 2025 following asset divestments. The company still reports sizable holdings of 12.5 million tonnes of copper and 442 million ounces of silver.
Bridgewater founder Ray Dalio said gold remains the only true safe‑haven in conflicts and flagged Bitcoin’s limited privacy as a key weakness. His remarks on March 3, 2026 underscore ongoing debate over crypto’s role in crisis scenarios.
Rising U.S.–Iran tensions are prompting a flight to safe havens, lifting gold prices while putting pressure on equities and Bitcoin. Markets are showing increased risk aversion as investors reprice geopolitical risk.
Tether has moved 27 tons of gold—roughly $150 million worth—into the crypto market as gold rallies back above $5,000, supplying buyers with physical-backed liquidity. The action signals rising risk-off demand and active reserve management by the stablecoin issuer.
After a softer CPI print lifted Bitcoin, gold advocate Peter Schiff mocked the rally and declared Bitcoin “a zero” in response to a viral post praising its rules-based design. His barb revived a familiar clash between crypto and gold camps.