Gold has reached a record high of $3,333 per ounce, while Bitcoin trades around $84,694, showing more stability. Analysts believe Bitcoin might soon follow gold’s upward trajectory, as highlighted by crypto trading account Cryptollica, which shared a chart illustrating the similarities in their price movements. Both assets formed a bottom in early 2023, with gold ...
Bitcoin has a new target of $155,000, inspired by gold’s impressive performance. Trading account Cryptollica believes Bitcoin will follow a similar path to reach this goal, despite recent declines. Bitcoin’s price is currently down 9.3% this year, while gold continues to hit record highs. Analysts are optimistic, suggesting that Bitcoin could break out of its ...
In today’s unstable financial climate, the concept of “safe haven” assets is being challenged. Traditionally, investors relied on gold and government bonds for stability. However, with increasing Market volatility and geopolitical tensions, many are reconsidering these assets’ reliability. Enter bitcoin: a highly volatile and often misunderstood alternative that has surged over 1,000% since the COVID-19 ...
The ongoing global trade war, sparked by recent U.S. import tariffs, is shifting investor perspectives, with Bitcoin gaining traction as a safe-haven asset alongside gold. While traditional stock markets face instability, Bitcoin’s inherent digital nature and 24/7 liquidity are attracting renewed interest. Experts highlight Bitcoin’s potential as a non-debasable asset, especially as countries like China ...
According to Blockstream CEO Adam Back, Bitcoin may start to rival gold as a safe investment over the next decade, especially as inflation and global economic instability rise. In a discussion at Paris Blockchain Week 2025, he pointed out that Bitcoin’s limited supply and increasing acceptance as a store of value could drive more people ...
Bitcoin, initially created as a store of value like gold, has become more of a speculative asset, showing risk-on characteristics. Despite being seen as a potential long-term investment, Bitcoin has struggled to achieve the same safe-haven status as gold. Recently, while gold values have surged, Bitcoin has seen a decline, illustrating its volatility. However, there ...
Economist Peter Schiff has criticized BlackRock CEO Larry Fink for suggesting that Bitcoin could challenge the U.S. dollar as the world’s reserve currency. Schiff believes Fink’s comments are aimed at promoting BlackRock’s new Bitcoin exchange-traded fund (ETF). He argues that Bitcoin’s volatility makes it unsuitable as an alternative to the dollar, asserting that gold, with ...
Bitcoin, often called “digital gold,” is facing a tough reality as institutional investors turn back to traditional gold during ongoing trade tensions and economic uncertainty. A recent Bank of America survey indicated that 58% of fund managers prefer gold over Bitcoin, which only received a 3% preference as a safe haven. As geopolitical risks and ...
Bitcoin is often referred to as “digital gold,” but recent trends show that institutional investors are turning back to physical gold amid rising trade war tensions and economic uncertainty under Trump’s presidency. A Bank of America survey revealed that 58% of fund managers believe gold is the best safe haven during trade conflicts, while only ...
Bitcoin’s value is closely tied to the performance of U.S. tech stocks, especially the Nasdaq. Veteran investor Peter Schiff warns that if the Nasdaq enters a bear Market, Bitcoin’s price could drop significantly. Currently, the Nasdaq is down 12%, and Schiff predicts that a further decline could lead Bitcoin to fall to $20,000 or lower. ...
