Under global recession expectations, Bitcoin’s appeal as a safe-haven asset grows due to its decentralized nature and limited supply, contrasting with traditional fiat currencies. However, its volatility remains a concern compared to gold, a historically stable store of value. Correlation analysis shows Bitcoin and gold often move independently; gold typically rises with economic uncertainty, while Bitcoin’s price is driven by market sentiment and adoption trends. Recent data suggests Bitcoin’s correlation with gold fluctuates, averaging around 0.2-0.3 (low positive), indicating it’s not a direct substitute but a complementary hedge in diversified portfolios.