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Bitcoin lagging gold is 'exciting,' says Anchorage head of research
Bitcoin is digital gold. Or at least that's what many Bitcoiners have argued as one of Bitcoin's largest value propositions. If you look at how the two assets have performed since late 2025, you would have good reasons to doubt that claim. Since Bitcoin hit all-time highs near $126,000 in October, it fell around 50% to roughly $60,000 in February. Today, it sits at $80,764, still down over 35% from highs. Gold has done almost the opposite, surging past $4,700 per ounce — up roughly 25% in the same period. The divergence has caused some to call the digital gold narrative debunked. David Lawant, head of research at ... (full story)