Bitcoin hovered near $65,000 on Thursday as strategists took stock of the divergence between the token and gold. Despite a sharp drawdown in late January, bullion has climbed 16% year to date, building on a historic 65% rally in 2025. Meanwhile, bitcoin clocked its fourth consecutive month of losses in January and is currently down 22% since the start of the year. "A lot of folks, I think, are frustrated by the disconnect between bitcoin and gold," Fundstrat head of digital assets Sean Farrell said in a client video. "But it's important to remember that while bitcoin does have a store of value thesis that I think is ... (full story)