★BTC and gold divergence reflects split between retail and central banks: Analyst

"This divergence between Bitcoin and gold highlights evolving safe-haven narratives and distinct capital allocation patterns. Gold's underperformance, despite geopolitical tensions, suggests central bank activity and traditional institutional flows are currently prioritizing other assets or maintaining higher cash reserves. Bitcoin's resilience, conversely, points to sustained retail and digitally-native institutional demand, potentially signaling a structural shift in how different investor cohorts hedge systemic risk."