Bitcoin’s Safe-Haven Dream Is Cracking, Analyst Says — Crypto Eyes AI Era

Veteran analyst Ran Neuner and others are questioning Bitcoin’s long-held role as a safe haven and digital gold. Despite a weakening US Dollar—the US Dollar Index fell roughly 9% in 2025 and another 2% year-to-date in 2026—Bitcoin declined 20–22% YTD, trading for $68,255 as of this writing, while gold surged.

“When tariffs, currency tension, and fiscal instability hit, this was the moment Bitcoin was supposed to behave like a store of value. Instead, capital ran to gold,” wrote Neuner. Analysts including Willy Woo and Henrik Zeberg say Bitcoin behaves like a high-beta, risk-on asset rather than a safe haven.

Neuner calls the post-ETF era a turning point: “We fought for ETF approval. We fought for institutional access. We wanted it inside the system. Now it is.

United States

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