For years, one of the main criticisms of Bitcoin as a store of value has been its volatility. The argument was simple: an asset that fluctuates so much cannot properly serve the function of wealth protection.

Gold, on the other hand, has always been seen as the "safe haven," stable and predictable. But 2026 brought an interesting fact. For the second time, in less than a year, the monthly volatility of gold surpassed that of Bitcoin itself, as recently highlighted by the quantitative team at JPMorgan. In other words, the asset traditionally associated with stability began to fluctuate more than the one frequently criticized for being volatile.