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BTC $63,922.14 -2.28%
ETH $1,853.92 -1.68%
BNB $564.04 -0.73%
XRP $1.08 -2.31%
SOL $73.80 -2.62%
TRX $0.3294 -0.23%
DOGE $0.0692 +0.05%
ADA $0.1616 -3.16%
BCH $209.94 -0.88%
LINK $8.27 -2.04%
HYPE $57.14 -2.70%
AAVE $91.25 -5.15%
SUI $0.7053 -5.05%
XLM $0.1768 -3.48%
ZEC $477.12 -6.16%

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

2025-02-08 17:56:50
Collection

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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