Cathie Wood predicts Bitcoin will outperform gold despite setback

Core Viewpoint - Ark Invest CEO Cathie Wood believes Bitcoin will outperform gold in the long term despite recent price fluctuations [1][3]. Group 1: Bitcoin and Gold Comparison - The Bitcoin-to-gold ratio, which measures how many ounces of gold are needed to purchase one Bitcoin, has not broken its uptrend but has faced a setback due to Bitcoin's stagnation and gold's price increase [2]. - Bitcoin reached a record price of $124,457.12 on August 14 but has since declined by 3.75% over the last month [3]. - In contrast, gold has rallied over 7% during the same period, achieving a record price of $3,645.67 per ounce on September 8 [4]. Group 2: Market Influences - Geopolitical concerns have contributed to gold's recent rally, positioning it as the best-performing asset of the year, surpassing Bitcoin [5]. - Goldman Sachs predicts that gold could reach $5,000 per ounce if ongoing tensions between President Trump and the Federal Reserve persist [5]. - The tokenization of gold is seen as a factor that enhances its appeal to crypto-native investors, allowing them to include gold in their portfolios without the need for physical bullion or ETFs [5].