'Banker coin' defies oil shock as gold sinks

Oct 23, 2026 6:44 PM

Gold is failing the one job it has. While Iran tensions flare and oil prices skyrocket, the "ultimate safe haven" just suffered its steepest weekly decline since June. Meanwhile, XRP—the controversial "banker coin"—is actually holding its ground and outperforming precious metals. If gold can't protect you during a geopolitical crisis and an oil shock, it’s no longer a hedge. Is it time to admit that crypto is a more reliable haven than gold? Or are you still betting on metal?
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