Gold confirms the status of a safe haven, but Bitcoin’s path is perhaps clearer: analysts

Bitcoin Sank on Thursday and Friday and continued his decline for a large part of the past week, while investors left the world’s most valuable cryptocurrency in favor of the most traditional Safe Haven Asset: Gold.

This recent trend seemed to restore the paths that the two assets traveled most of 2025, with Gold’s profits that surpass BTC.

“It is not to be denied, gold had a great year. Especially during the rates – even if you are a hardcore bitcoiner, you have to respect what gold did in the first quarter,” Bloomberg ETF analyst said Eric Balchunas Decrypt.

The two assets have drawn increasing attention because the trade war of the Trump government has led to fear of increasing inflation and the global economic delay. But gold has enriched no less than 27%, while Bitcoin has risen by around 12% to date.

That trend started to return earlier this month when Bitcoin reached a record high near $ 112,000 and gold fell from his previous record above $ 3,440 per ounce. But now Bitcoin has fallen out of the peak than 6% and remains gold closer to his own recent high.

The “Golden Story is not exactly over,” said Christopher Wong, FX-strategist at Oversea-Chinese Banking Corp, told Decode, Discovering Moody’s stripping of the last top creditworthiness of the US.

“This contributes to doubts about the US dollar as a safe haven and should be structurally weighed on the dollar over time,” he said. “In times of economic uncertainty and a lack of safe haven, the attraction of Gold stands out like a truly safe haven and remains a reliable diversify portfolio.”

Nevertheless, Bitcoin can have the better prospects, some analysts have suggested because traditional financing companies increase their participation in the space to meet investors’ demand.

Coinshares Head of research James Butterfill noted Decrypt The Bitcoin funds have added around $ 7.3 billion since the end of April, while with Gold Exchange Traded Funds, around $ 4.9 billion have dropped.

And the place Bitcoin ETFs approved Against the SEC, last year now has around $ 127 billion in assets managed, led by BlackRock’s Ishares Bitcoin Trust (IBIT) – which was the fastest fund in history that reached $ 10 billion – with almost $ 70 billion of that total.

“Since Ibit was launched, it is still doubling gold,” said Butterfill. “For me it is as if Gold won the third set of a tennis match that loses it. Gold won the battle, [but] Bitcoin still wins the war. “

He also noted that “in the past five weeks the flood data suggests that BTC wins.”

Published by James Rubin