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According to Kraken’s global economist, Bitcoin will have a broader recognition as a broader and distinct alternative to value compared to other physical commodities such as gold.

These phrases also come after this last period, which has reached the price of gold to the highest levels ever, while the price of BTC did not.

Gold records

With Donald Trump’s electoral victory, the price of gold decreased, unlike bitcoin.

If at the end of October more than $ 2780 an ounce, by mid -November, it decreased to $ 2550.

Until the end of December, about 2600 dollars remained.

However, with the opening approaching Trump As President of the United States, he started to rise again, to the point that on the day of his inauguration, January 20, 2025, he rose to 2700 dollars.

With the opening Trump,, A kind of small bull run, which led to the registration of new higher levels ever, and the first time in its history above $ 2900.

Note that until 2024 he could not exceed $ 2,800, while it reached a peak in February 2025 to the top of 2940 dollars.

The peak was reached yesterday, with 7 % in less than two weeks. It is very rare for a similar small window to occur in the price of gold at times when there is no panic in the market.

However, then, it decreased to less than 2900 dollars, and today it also decreased to less than $ 2,890.

This height may be due to the constant complications of the global geopolitical situation.

Cracks: Bitcoin suffers from gold competition

the Bitcoin price Instead, it has been moving sideways since the end of November.

While gold was falling after Trump’s victory, Bitcoin It was rising, but when the gold stopped, the BTC price stopped.

In fact, however, the Bitcoin side in recent months is not flat, because the fluctuations have risen to more than 109,000 dollars, but also less are still able to generate small or negative abuses.

In recent days, the side appears to have settled around the mark of $ 96,000, although there are two failed attempts to re -place a position less than $ 95,000. On the other hand, no more than $ 100,000 has no longer since last week, which is a threshold, frankly, has never been able to keep it for a long time.

Bitcoin will go beyond gold according to kakin

Global economist CornerThomas Pervio commented at the highest new level ever, which reached its height yesterday at the price of gold, saying that this indicates a strong demand for safe assets in the context of total economic uncertainty.

However, it also highlights that important restrictions appear in the supply in the material gold market.

In particular, there are significant material transfers for valuable minerals that are witnessing delivery delay and logistical efficiency. Even Perfumo reports that some warehouses accept gold only in specific standard units, forcing refining refineries to mention gold bars in order to move them there.

On the other hand, fixed flows towards Bitcoin’s investment funds indicate an increasing institutional recognition of their role in modern governor, and organizers are increasingly discussing Bitcoin as a value store, which enhances its position alongside traditional assets that are safe havens, such as gold.

However, Perfumo also adds that the performance of the BTC price is not repeated from gold, but this is due to the fact that the immediate prices of the gold market are specifically affected by some logistical challenges closely related to the material commodity, not the market.

According to Kraken’s global economist, this would highlight some of the superior properties of Bitcoin compared to gold, such as the fact that it can be combined and divided arbitrarily, up to the smallest unit, Satoshi, equal to one hundred million BTC. Or the fact that it can be transferred almost in the actual time, anywhere in the world, 24 hours a day, 7 days a week, 365 days a year, with assurances on Blocchain on average a few minutes.

For these reasons, according to Perfumo, Bitcoin will have a broader recognition as a broader and superior recognition compared to other physical commodities such as gold.