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- Gold recently surpassed Bitcoin to reverse the previous May trend.
- Gold surged approximately 27% last year, while Bitcoin increased by about 12%.
- Bitcoin exchange trading funds have been collected more than gold in recent weeks.
Bitcoin As sinking on Thursday and Friday, investors preferred gold, the most traditional safe refuge asset, and continued to decline last week as they escaped the world’s most valuable cryptocurrency.
The recent trend showed that most of the assets in 2025, which surpassed the interests of BTC in 2025, restored the route of traveling in 2025.
Eric Balchunas, an analyst at Bloomberg ETF, said, “I can’t refuse metals. If it’s a hardcore bit corner, I have to respect gold in the first quarter.” decoding.
The two assets attracted attention as the Trump administration’s trade war raised the fear of inflation and slowing the global economy. But gold accounted for 27%, and Bitcoin increased about 12% year -on -year.
This trend began to reverse earlier this month because Bitcoin reached a record high of nearly $ 112,000 and gold dropped from $ 3,440 per ounce. But now Bitcoin has fallen more than 6% from the peak and gold is closer to its own high.
“The gold story is not exactly over,” he said, said Christopher Wong, a FX strategist of a Chinese banking company. decoding, Moody pays attention to stripping of the last highest credit rating in the United States.
“This is a safe shelter and adds to the question of the US dollar and must measure the weight of the dollar structurally over time.” He said. “At the time of lack of economic uncertainty and safe shelter, the appeal of gold as a true safe shelter is a noticeable and stable portfolio diversification.”
Nevertheless, Bitcoin suggested that traditional financial companies can have a brighter prospect because they increase their participation in space to meet investor demand.
Coinshares Director James Butterfill pointed out decoding The Bitcoin Fund has added about $ 7.3 billion from the end of April, while the gold exchange transaction fund has been about $ 4.9 billion.
And Spot Bitcoin ETF approval Last year, we currently have about $ 127 billion in management assets led by Blackrock’s Ishares Bitcoin Trust (IBIT).
Butterfill said, “It has been doubled since IBIT was released.” For me, it is like Gold’s defeat in the third tennis game. Gold won the battle, but Bitcoin is still winning the war. “
He also pointed out that “the flow data has been offered for the last five weeks,” he said.
Edited by James Rubin
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