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Trump orders nuclear tests: Safe haven in uranium vs Bitcoin?
Trump has just ordered immediate nuclear tests, and the market is reacting in an interesting way. Shares of Cameco Corporation rose 32.5% in one week, while Constellation Energy surged nearly 12.7%. Classic: in times of geopolitical tension, capital flees to tangible assets.
But here’s the curious part: Bitcoin remains under pressure, trading around $108,300 amid this escalation. Historically, geopolitical conflicts drive money toward gold and nuclear energy, not crypto.
The context: Russia has just tested the Poseidon and Burevestnik systems, and on Polymarket the probability of a nuclear detonation in 2025 has already reached 7%. That explains why uranium is on the radar.
What’s happening: traditional safe-haven assets (uranium, gold) vs digital assets (Bitcoin). For now, plutonium is winning.