According to Bloomberg, Bitcoin has become less volatile than gold. Gold’s 30-day volatility has reached 44%, the highest level since the 2008 crisis, while Bitcoin’s stands at 39%.

Despite its reputation as a “safe-haven asset,” gold is showing greater instability, plunging 10% in a single day (from $5,600 to $4,400) — its sharpest drop in more than a decade. Bitcoin has also seen a major decline (-40% from its peak), but gold is starting to look more unpredictable.