Bitcoin (BTCUSD) has been pressured for quite some time now. While in 2026, it is down by more than 10%; over the past year, the decline has been even sharper at close to 16%. Interestingly, its so-called status of “Digital Gold” was not reflected amid the latest flare-up in the Middle East, as investors still flocked to the classic safe-haven asset of gold to safeguard their portfolios.
However, this is not stopping believers. In fact, they are doubling down on buying the world's most popular and valuable cryptocurrency.
