The data shows that more and more retail investors are turning to Bitcoin as a safe-haven asset

According to Cointelegraph, eToro data shows that after the news of the escalation of trade tension between China and the United States, the bitcoin and gold positions on the company's platform have risen to a relevant degree. Although gold has long been regarded as a safe-haven asset in periods of macroeconomic or geopolitical instability, eToro's data suggests that more and more investors believe that bitcoin is a “digital gold” that is not financially Determining the value of the means of storage.