Narrative: Gold is the absolute geopolitical safe haven. Reality: Bitcoin just outperformed the metal by 36% during an active Middle East escalation. When sovereign risk spikes, institutional capital doesn't just want physical weight anymore. It wants an unseizable bearer asset. Trading north of 80k, the market is violently repricing the definition of safety.

@MacroAlphaHQ Markets are starting to redefine “safe haven” assets as capital looks for mobility, scarcity, and resistance to seizure