Why Crypto is Becoming the New Gold for Modern Investors
This article first appeared on GuruFocus.
In October 2025, global financial markets experienced unprecedented volatility. After months of continuous gains, gold plummeted over 6% on October 22st, its largest single-day drop since 2013. The price briefly fell from its all-time high of $4,382 per ounce to below $4,100. Meanwhile, the Dow Jones Industrial Average hit a new high of 47,000 points, and the US dollar strengthened, rapidly diminishing the appeal of traditional safe-haven assets.
This dramatic market reversal has forced investors to re-examine a fundamental question:
In an era of persistent inflation, complex geopolitics, and elevated asset valuations, what truly constitutes a “safe asset”?
