In early October 2025, Bitcoin hit a new all-time high of over $126,000, leading many to believe it had surpassed gold as the world’s top asset. However, following a crypto flash crash, gold outperformed Bitcoin, adding $1.75 trillion in market cap in a single day on Jan. 28.

Despite the recent struggles of Bitcoin, Bloomberg’s senior ETF analyst believes the dread among Bitcoin maximalists is short-sighted. Since 2022, Bitcoin has risen 429% compared to gold’s 177% rise, silver’s 350% rise, and Invesco QQQ’s 140% rise. Despite being “in a coma,” Bitcoin remains the winner according to the analyst.

The difference between Bitcoin and gold lies in their history, with gold carrying thousands of years of trust compared to Bitcoin’s 16 years. While both are considered store of value assets, gold has seen continuous growth in value, hitting new all-time highs frequently as traders flock to the precious metal amid Bitcoin’s struggles.

Read more at Yahoo Finance: Veteran analyst says Bitcoin ‘spanked’ gold