It is obvious that more people around the world are turning into saving cryptocurrencies instead of fiat and local currencies. Gold is a traditional asset and it is trusted by many people, but nowadays the financial revolution is represented in blockchain technology and cryptocurrency, and people are building trust with time on these assets too.
With the reports and speculations of a possible recession probably looming it's not surprising that fiat may lose their value but that will depend on the strength of each individual economy. Bitcoin wasn't widely used during the last recession and we are not going to know if and whether it is going to be affected or not but I am very certain that Gold will be able to survive and maybe generate profits for those that end up investing into it.