Bitcoin (BTC) Is Solidifying Its Reputation as a Safe-Haven Asset, Says QCP Capital

Bitcoin (BTC) is increasingly solidifying its reputation as a hedge against political instability and monetary uncertainty, according to new market commentary from crypto trading firm QCP Capital.

Crypto trading firm QCP Capital observed that Bitcoin (BTC) is increasingly serving as a hedge against political instability and monetary uncertainty, according to the firm’s latest market commentary.

As investors grow more concerned about global affairs, they are turning to alternative assets, and the world’s leading cryptocurrency appears to be a rising favorite.

To highlight the shift in investor activity, QCP Capital noted that on Wednesday alone, traders purchased over 500 BTC call options expiring May 30, 2025, with a strike price of $104,000. Additionally, more than 800 call options expiring June 27, 2025, at a $135,000 strike price were bought.

This concentrated buying activity at higher strike prices indicates substantial bullish bets, suggesting that investors see potential for Bitcoin to continue rallying toward those levels.

The current rally appears “fundamentally healthier” compared to previous cycles, which were largely driven by crypto traders and saw massive leveraged숏 positions get liquidated during times of market stress.

However, the present rally is being fueled by macroeconomic concerns, leading to a different dynamic.

Investors are responding to global political tensions, unpredictable central bank policies, and overall market volatility, which has implications for risk appetite.

As the U.S. faces a high-stakes election year and several tariffs are set to expire, there is an air of uncertainty hanging over the world’s largest economy.

This has led to a shift in favor of Bitcoin, which is often seen as an asset that thrives on uncertainty and tends to move in the opposite direction to the U.S. dollar.

In other developments, Bitcoin recently pulled back into positive territory for 2025, with BTC/USD now trading around $94,000.

The crypto slid as far as $83,000 on Wednesday amid薄 weak U.S. macroeconomic data and a lack of significant cryptocurrency news.

But, afterward, BTC pulled back up, largely fueled by robust ETF (exchange-traded fund) inflows into crypto products.

Those funds saw a record $1.42 billion in outflows over the past week, according to digital asset management firm Strategy.

The firm’s latest report also noted that the majority of those outflows were channeled into Bitcoin.

Meanwhile, the world’s leading cryptocurrency was also seen to be closely tracking the price movements of gold, which is a traditional safe-haven asset that tends to do well during times of economic uncertainty or geopolitical instability.