Bitcoin’s (BTC) slide to around $60,000 earlier this month looked familiar, not to gold bugs, but to tech investors, crypto asset manager Grayscale said in a Monday report. As high-growth software stocks sold off, bitcoin fell in near lockstep, reinforcing the view that, for now, the world’s largest cryptocurrency trades more like an emerging technology than a mature store of value, the report said. The cryptocurrency's design, capped supply, independence from governments and a resilient, decentralized ...

Let's bring in Barry Bannister. He's the chief equity strategist at Seiffl. Barry, it's great to have you and and I don't know if if this is part of a broader macro case or a Bitcoin specific kind of move that jumps out to you after a lot of the trading damage we've seen.>> Yeah, Bitcoin is is not digital gold. Uh when you think about gold when it does well and when it does best historically, it's because of higher thanex expected inflation with lower growth, stackflation basically. But Bitcoin really behav ...

Bitcoin was trading on either side of $70,000 on Monday following a roller-coaster ride at the end of last week. The original cryptocurrency was little changed at that level following the wide daily swings of more than 13% that undercut investors confidence. Bitcoin on Thursday plunged to $60,033, its lowest since October 2024, before rallying back above $70,000 on Friday. Most Read from Bloomberg   Traders remain on edge. “While cryptocurrency prices have managed to bounce from last week’s lows, the ...

Gold and Bitcoin work most effectively when they're in the same portfolio, a Bitwise executive has argued. Speaking at the Digital Assets Forum in London, Bradley Duke, Managing Director and Head of Europe at the digital asset management firm said that gold "is a better cushion" when markets are falling, while BTC offers greater upside during rebounds. "One is more to the upside risk and the other is more protecting against the downside of uncertainty," Duke said. The Bitwise exec was speaking during a ...

The “digital gold” moniker of Bitcoin (BTCUSD) is fading fast, as market pressures have taken a toll on its stability. The geopolitical tension stemming from the tariffs has triggered significant volatility, exacerbating Bitcoin’s downward slide as investors digest macroeconomic uncertainty. Bitcoin prices are approaching the critical $70,000 support level. Apart from tariff-induced volatility, the post-election surge in the cryptocurrency to over $126,000 had set the stage for investor profit-taking afte ...

Core Insights - Investing in unproven technologies like Bitcoin can be risky, but thorough research and conviction can lead to significant opportunities over time [1] - Bitcoin's price has increased nearly 22,000% over the past decade, with predictions of a potential tenfold increase in the next 10 years [2] - Bitcoin's market cap was $1.7 trillion as of January 26, with a realistic projection of reaching $17 trillion by early 2036, implying a price of about $880,000 [3] Market Comparison - Gold is considered the best asset for comparison with Bitcoin, having increased by 99% in the past 24 months, with a total value of $35 trillion [4] - It is reasonable to expect Bitcoin to reach half the current value of gold in the next decade [4] Adoption Factors - Increased acceptance of Bitcoin as a store of value by individuals, companies, asset managers, and governments is crucial for its growth [5] - Bitcoin must compete with gold's established status as a safe-haven asset, especially in light of geopolitical uncertainties and rising sovereign debt [5] Investment Outlook - Ark Invest, led by Cathie Wood, views Bitcoin's potential to fulfill the digital gold narrative as a key factor in its future outlook [6] - Bitcoin offers advantages over gold, including portability, verifiability, divisibility, resistance to censorship, and a capped supply of 21 million units [7]

Group 1 - Gold reached a new all-time high while Bitcoin fell to its lowest level since November, highlighting a significant divergence between the two assets [1] - Bitcoin was trading at $83,926 after a 7% drop in 24 hours, and it has decreased by 20% over the past year [1] - Bitcoin has been described as digital gold due to its finite supply and has risen over 150% relative to the US dollar in the past five years [3] Group 2 - Bitcoin is generally more volatile than gold, with multiple double-digit drawdowns, and has rarely acted as a safe haven asset [2] - The correlation between Bitcoin and gold is infrequent, with Bitcoin often behaving like other volatile assets, particularly tech stocks [4] - The divergence in performance between gold and Bitcoin is attributed to different investor focuses, with gold traders concerned about long-term macro imbalances and Bitcoin buyers being more liquidity-sensitive [5][6] Group 3 - Bitcoin experienced a significant crash in October, following a peak of $126,080, leading to a $19 billion wave of liquidations that severely impacted its price [7] - Since the crash, Bitcoin has struggled to regain its value, trading mostly below the $100,000 mark [7]

Bitcoin traded near two-month lows after Donald Trump named Kevin Warsh as the next Federal Reserve chair — a choice that did little to lift sentiment in a market already under pressure from persistent ETF outflows. The largest cryptocurrency dropped as much as 4% to $81,045, its weakest level since November, before paring losses to around $84,000. Some traders had hoped the Fed chair announcement might offer a narrative pivot. Warsh, a former central bank governor with deep establishment ties, has recent ...

It's time for the big three. We've got three stocks, three charts, and three trades. Rick Dat will take us through the charts. Here to take us through the trades is Don Kaufman, the co-founder of Theo Trade.Great to have you both with us this morning. Don, I love having you with us on on big market days. And today is arguably a very big day.We've got the Fed decision coming up. We've got Meta's earnings. We had some mixed earnings this morning.We're seeing a nice move in the NASDAQ higher thanks to Seagate ...

Core Insights - The macro narrative has shifted from "growth and inflation" to "institutional and governance risk," affecting asset performance and highlighting the importance of asset independence under stress [1] Group 1: Market Dynamics - Gold and silver are gaining relative strength, while Bitcoin (BTC) and Ethereum (ETH) are showing relative weakness, indicating a repricing where hard assets are competing for an "independence premium" [2] - The market is currently focused on three critical questions: what currency to settle in, who the marginal buyer is, and which risk bucket an asset occupies within a portfolio, leading to a widening gap between precious metals and crypto [3] Group 2: Bitcoin Performance Analysis - A review of Bitcoin's performance over the past year shows that during the "Liberation Day" rally, BTC reached a high of $126 billion, driven by USD-settled derivatives rather than just the "digital gold" narrative [4] - From March to October 2025, open interest in BTC Delta 1 contracts increased from approximately $46 billion to over $92 billion, providing BTC with significant leverage support and enabling it to outperform gold in the short term [5] Group 3: Leverage and Risk Framework - The rise of stablecoins like USDT and USDC has led to an increase in USD-denominated leverage, which has become a key driver of market movements, making BTC behave more like a portfolio asset [6] - BTC is easily integrated into a USD-based risk framework, meaning that when dollar liquidity tightens, BTC is often one of the first assets to experience the effects of de-risking [7] Group 4: Market Perception of Bitcoin - The market is not losing faith in Bitcoin as "digital gold," but is increasingly treating it as a tradable macro factor, similar to high-volatility dollar beta rather than a stable store of value [8]