BTC was born for this kind of situation. Even if BTC could fluctuate due to the current situation, the price will continue to go up and people will start believing in the fact that BTC is actual safe haven for our financial portfolio. It will be more valuable than GOLD for sure in my opinion.
Gold's status as a reserve asset has grown to be recognized worldwide. While Bitcoin is not like gold, it is only a commodity asset. Both fluctuate, but gold is not like Bitcoin. I think this problem makes them conclude Bitcoin is dangerous. Government recognition brings the perception that Gold is better than Bitcoin. Its value has proven that Bitcoin is much more profitable as an investment. Those of us who have known Bitcoin have understood the risks and we take it as a matter of course. IMO