Source: CryptoNewsNet
Original Title: Gold, silver outrun bitcoin as 2025’s go-to protectors of paper money
Original Link:
This year, investors decisively chose precious metals such as gold to hedge against the potential erosion of paper money value, sidelining bitcoin.
Gold has risen almost 70% since Jan. 1 and silver about 150%, far outpacing the largest cryptocurrency, which has fallen about 6%.
Analysts attributed the rally to the so-called “debasement trade.” That’s an investment strategy that involves buying perceived store-of-value assets and waiting for the fiat currency to devalue, or debase. The depreciation, the result of ultra-easy monetary policies and fiscal deficit, leads to a loss of purchasing power and drives up the price of the asset.
Early this year, BTC bulls made bold predictions, citing the debasement trade as a key catalyst driving their year-end forecasts. Bitcoin’s rally, however, abruptly ran out of steam above $126,000 in early October. Since then, it has pulled back to below $90,000.
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Gold and silver outrun bitcoin as 2025's go-to protectors of paper money
Source: CryptoNewsNet Original Title: Gold, silver outrun bitcoin as 2025’s go-to protectors of paper money Original Link: This year, investors decisively chose precious metals such as gold to hedge against the potential erosion of paper money value, sidelining bitcoin.
Gold has risen almost 70% since Jan. 1 and silver about 150%, far outpacing the largest cryptocurrency, which has fallen about 6%.
Analysts attributed the rally to the so-called “debasement trade.” That’s an investment strategy that involves buying perceived store-of-value assets and waiting for the fiat currency to devalue, or debase. The depreciation, the result of ultra-easy monetary policies and fiscal deficit, leads to a loss of purchasing power and drives up the price of the asset.
Early this year, BTC bulls made bold predictions, citing the debasement trade as a key catalyst driving their year-end forecasts. Bitcoin’s rally, however, abruptly ran out of steam above $126,000 in early October. Since then, it has pulled back to below $90,000.