The price of Bitcoin is struggling once again.
What weighs heavily, especially since yesterday, is the “competition” from gold in the financial markets.
In recent weeks, the situation appeared to be improving, but yesterday the upward trend came to a halt.
Bitcoin vs Gold
In reality, Bitcoin and gold are not competing assets.
Indeed, Bitcoin is clearly and distinctly risk-on, while gold is the quintessential risk-off asset. Therefore, in theory, Bitcoin should not compete with gold in financial markets, and vice versa.
However, the liquidity flowing within financial markets is the same, so it can happen at certain times that it exits one market to flow into another.
For instance, yesterday nearly $480 million exited from spot Bitcoin ETFs on traditional exchanges, and by Friday, almost another $400 million had already flowed out (Monday, the American markets were closed for a holiday).
Previously, however, there had been net inflows for four consecutive s
We współpracy z: https://en.cryptonomist.ch/2026/01/21/bitcoin-vs-gold-the-price-struggles/
