Research: Bitcoin's volatility is higher than gold, and it is still not sufficient to replace traditional safe-haven assets

ChainCatcher news, according to Decrypt, recent academic research has explored the relationship between Bitcoin and gold as stores of value. The study found that although Bitcoin is referred to as "digital gold," it currently lacks the historical record, stability, and resilience in crises that gold possesses.

Bitcoin's volatility is significantly higher than that of gold, and its correlation with traditional assets is unstable. Nevertheless, as the Bitcoin market matures and volatility decreases, its role as a portfolio diversification tool may strengthen.