Traders Prefer Gold, Fiat Safe Havens Over Bitcoin ( $75,880.00 ) as Russia Goes to War

Dibb added that the combination of war, supply constraints, booming commodity prices and zero rates is a textbook recipe for stagflation. While the crypto community still strongly considers bitcoin as a better store of value, past data shows the cryptocurrency is predominantly a risk-on inflation hedge, meaning it outperforms other assets when investors are willing to take risks.