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ZEC $1,158.26 -6.53%
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AMZN $248.38 -0.11%
GOOGL $321.27 -0.54%
MSFT $523.15 +0.72%
META $642.41 -0.47%
NVDA $211.55 -0.40%
TSLA $371.13 +0.45%
SNDK $1,236.80 -3.04%
INTC $86.63 +0.46%
SPCX $146.86 +0.16%
MU $882.00 +0.48%
AMD $517.47 +0.69%

Bloomberg: Bitcoin's annual increase lags behind gold, Trump's remarks trigger a rise in safe-haven demand

2025-02-08 17:56:50

ChainCatcher news, according to Bloomberg, Bitcoin is currently under pressure after outperforming most asset classes in 2024. Data shows that Bitcoin has only risen about 3% this year, while gold has increased by 9%.

On February 4, Trump stated that the U.S. might take over the Gaza Strip. Although his aides tried to downplay the remarks, it still pushed gold prices to a historic high of $2,882 per ounce. Currently, the price of Bitcoin is still about 10% below its historical peak.

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