Bits + Bips: Why Gold Still Dominates — And What Bitcoin Must Prove

The conversation centers on Bitcoin's role as a safe haven asset, especially when compared to gold, with Steve Sosnick as the guest. Sosnick argues that Bitcoin has increasingly behaved like a risk asset since the beginning of the year, correlating with traditional markets rather than acting as a true safe haven. He attributes this shift partly to the successful launch of Bitcoin ETFs, which have made it accessible to mainstream investors who treat it like any other stock. The discussion touches on geopolitical factors, including Trump's stance on Greenland and tariffs, and their potential impact on market volatility. Additionally, the implications of central bank independence, particularly the Federal Reserve, on currency stability are examined.