Despite its long-standing reputation as “digital gold,” bitcoin has sharply diverged from traditional safe havens like gold and silver, but that might not be a bad thing for the digital asset's future, according to JPMorgan analysts. Gold surged more than 60% in 2025 on sustained central bank buying and flight-to-safety demand, while bitcoin has struggled into 2026, posting repeated monthly declines and underperforming major risk assets. JPMorgan’s report suggests this widening gap reflects bitcoin’s fadi ...

Almost half a trillion dollars has been wiped off cryptocurrencies in less than a week as a selloff led by Bitcoin accelerated. Total crypto market value has slumped by $467.6 billion since Jan. 29, according to CoinGecko data. Bitcoin on Tuesday tumbled to its lowest level since US President Donald Trump won re-election in early November 2024 and ushered in a more crypto-friendly administration. Most Read from Bloomberg The original cryptocurrency, which hit a 15-month low of $72,877 in the US, regain ...

Core Insights - Bitcoin is losing its appeal as a safe-haven asset during times of geopolitical uncertainty, contrary to its theoretical position as sound money that resists censorship [1] - Investors are increasingly selling Bitcoin in favor of gold, which has seen a price increase of 8.6% to near $5,000 since January 18, while Bitcoin has dropped 6.6% in value [2] Market Behavior - Bitcoin's liquidity and ease of trading make it a preferred asset to sell quickly for cash during market stress, while gold is typically held rather than sold [3][4] - The volatility of Bitcoin leads to it being sold reflexively as leverage is unwound, contrasting with gold's role as a liquidity sink in risk-off environments [4] Demand Dynamics - Central banks are purchasing gold at record levels, creating strong structural demand, while long-term Bitcoin holders are selling, contributing to a "seller overhang" that dampens Bitcoin's price support [5] - Onchain data indicates that vintage Bitcoin coins are moving toward exchanges, suggesting ongoing selling pressure [5] Risk Perception - Current market turbulence is viewed as episodic, with gold serving as a hedge against immediate risks, while Bitcoin is better suited for long-term concerns like fiat debasement [6][7] - Gold excels in situations of immediate confidence loss and geopolitical risks, whereas Bitcoin is more aligned with slow-moving trust erosion over years [7]

Market Trends - Retail investors are identified as the driving force behind the recent surge in gold prices [1] - Gold is shifting from its traditional role as a safe haven asset to a more speculative one [1]

The price of gold reached record levels in October 2025. The Economist’s commodities editor, Matthieu Favas, explains why the assumption that gold is a “safe haven” may not fully explain the surge: https://t.co/tzA1yQnU7a https://t.co/gyo6oodJQ6 ...

After soaring as a global safe haven bet, the Swiss franc is wrapping up a volatile week against the euro with speculation the SNB has intervened to curb the currency’s strength https://t.co/UFzHtyPgvw ...

RT JP Technology ₿ (@JP_Technology)@NickSzabo4 Unless they are lugging home gold bars, they're barking up the wrong tree with Gold if their objective is to flee counterparty risk.I wonder how much longer it's going to take for these people to understand there is a far more practical and effective "safe haven". ...

Market Trends - Spot silver prices surged to the highest level in decades [1] - A broader flight to the safety of precious metals occurred [1] - The silver market is experiencing tightening conditions [1]

Gold just keeps breaking its own records. I love gold. It seems more and more people feel the same way as the precious metal is now worth more than $4,000 an ounce for the first time ever.This morning, gold is up another 1.3%. Compared to this time last year, surging more than 50%. Remember those Costco gold bars flying off the shelves.When they started selling them, a 1 oz bar went for around 2 grand. Now you'll have to cough over more than double that just two years later. Gold spiking its value to record ...

Silver's been a hot trade, too. Up 67% this year. But to Josh Brown's point, today silver finally passed its 2011 high.Still hasn't gotten back to its all-time high set in 1980. So, are metals just having some temporary shine or has something permanently changed. Joining us now is John Champaga, uh, Sprat Asset Management CEO.Uh, SPAT has several ETFs focused on gold and silver. Uh John, what do you say. Uh is is it different now with gold.Is it going to double maybe again over the next 3 to 5 years. Yeah. ...