Gold hits all-time high, leaves bitcoin behind in 2025 rally
Amid a historic rally in gold over the last 12 months, BTC investors are losing confidence in it becoming digital gold.
Amid a historic rally in gold over the last 12 months, BTC investors are losing confidence in it becoming digital gold.
Despite an 11X larger market capitalization, gold has rallied 32% versus BTC’s far more modest 16% so far this year.
Despite Donald Trump’s embrace of “digital gold,” BTC, actual gold has outperformed it so far in his second term.
A year-to-date chart of gold versus BTC shows outperformance of the traditional safe haven asset amid geopolitical uncertainty.
There are at least two proposals that could see the US government sell gold to buy BTC or BTC-denominated assets.