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ETH $2,311.55 -2.10%
BNB $619.95 -2.17%
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SOL $84.69 -2.87%
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BCH $440.17 -1.81%
LINK $9.13 -3.11%
HYPE $42.99 -3.55%
AAVE $92.44 -18.00%
SUI $0.9413 -3.63%
XLM $0.1676 -1.00%
ZEC $326.19 -0.23%

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

2025-02-08 17:56:50
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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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