Gold, one of the most popular instruments in the investment world, continues to lose value in recent weeks. On the other hand, cryptocurrencies such as Bitcoin exhibit a performance that calls into question the safe haven feature of gold. 😮 Gold lost 7% of its value in the last two weeks, erasing its annual gains and is trading below the peak levels seen after the 2008 crisis. 💔

Bitcoin, on the other hand, has experienced a rapid rise since 2020, and the importance of digital assets has increased during the pandemic process. Investors turning to Bitcoin instead of gold lead to cryptocurrencies being accepted as a safe haven. 🚀