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BTC $64,264.91 +1.86%
ETH $1,906.12 +1.19%
BNB $605.62 +0.02%
XRP $0.9998 +0.11%
SOL $75.81 +0.91%
TRX $0.3306 -0.35%
DOGE $0.0702 +0.54%
ADA $0.1738 -1.27%
BCH $204.78 +0.29%
LINK $9.50 +0.97%
HYPE $59.08 +2.65%
AAVE $87.83 +1.31%
SUI $0.6767 +0.07%
XLM $0.1579 +0.22%
ZEC $510.91 +4.17%

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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