Gold and Bitcoin reacted differently in the same context. Gold initially rose due to its role as a safe haven when the war broke out, but then weakened due to high interest rates and a strong USD making non-yielding assets less attractive. Bitcoin dropped much more significantly, losing over 64% in 2022 due to both macroeconomic impacts (tightening monetary policy, liquidity withdrawal) and internal crypto crises ($BNB ) such as the collapse of TerraUSD, Three Arrows Capital, and especially FTX. These shocks eroded confidence and triggered a widespread sell-off. Stay tuned @Binance Vietnam
