Bitcoin gains ground as safe-haven asset amid global uncertainty

Bitcoin’s (BTC) growing independence from U.S. equities is strengthening its role as a safe-haven asset alongside gold, according to BlackRock's Jay Jacobs, cited by Cointelegraph. He said central banks, especially China, are moving away from U.S. Treasuries due to geopolitical tensions, instead turning to gold and BTC. This shift began years ago but has accelerated with recent global instability, driving institutional interest in uncorrelated assets.