Ray Dalio says 'there is only one gold' as bitcoin outperforms gold during worst geopolitical crisis in years

Ray Dalio, Bridgewater founder, dismissed bitcoin's safe-haven credentials despite bitcoin outperforming gold during a major geopolitical crisis. On the same day, gold dropped 3% while bitcoin fell less than 1%, contradicting Dalio's assertion that 'there is only one gold.'

• →Ray Dalio dismissed bitcoin's safe-haven status despite its recent outperformance versus gold.
• →Gold dropped 3% while bitcoin fell less than 1% during the current geopolitical crisis.
• →Bitcoin demonstrated better resilience than traditional safe-haven gold during market stress.
• →The performance data contradicts Dalio's view that gold is the only true safe-haven asset.
• →Geopolitical tensions are creating a real-time test of different assets' safe-haven properties.