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BTC $79,161.66 +1.03%
ETH $2,500.53 +1.42%
BNB $754.40 +0.90%
XRP $1.44 +3.72%
SOL $104.58 +1.89%
TRX $0.3387 +0.41%
DOGE $0.0905 +1.52%
ADA $0.2208 +2.21%
BCH $259.39 +0.98%
LINK $12.58 -0.04%
HYPE $86.62 +3.66%
AAVE $129.76 -0.92%
SUI $0.8216 +1.38%
XLM $0.1900 +0.46%
ZEC $1,229.56 +8.82%

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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