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Saharπ©π
@saharosb
Following the attack of Iranian drones on Israel, we will see a significant decrease in the digital currency and bitcoin markets. while the gold price, traditionally a safe haven asset, has surged to record highs, up 10% over the last month.
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Parisss.base.eth π΅π©π
@parisss
Because, During wartime, gold prices usually surge as it's seen as a safe-haven asset. Investors turn to safe-haven assets like gold or PAXG (a gold-backed cryptocurrency) to safeguard their wealth, resulting in increased their values during conflicts. π
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Saharπ©π
@saharosb
Thank you for your explanation.
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