Bitcoin’s recent pullback erases year-to-date gains, raising questions about aggressive price targets for 2026. Is bitcoin truly a store of value? Nate Geraci of NovaDius Wealth Management remains cautious, citing bitcoin’s mixed track record during market volatility. Gold’s millennia-long track record as a safe haven adds contrast. Bitcoin has more than doubled in value since January 2024, despite recent losses. Spot bitcoin ETFs see billions in outflows but attracted $22 billion in inflows this year. Leverage in the crypto market exacerbated the recent bitcoin crash. Crypto index ETFs may offer diversification, but most crypto assets are viewed as risk assets tied to tech stocks.

Read more at CNBC: Is bitcoin really digital gold? It’s failed to answer that question