Gold and silver hit record highs as Bitcoin lags, raising safe-haven concerns.
Bitcoin faces trust and familiarity gaps, limiting demand during risk-off periods.
Profit-taking and long-term rotation act as a “silent IPO,” capping Bitcoin gains.
Gold surged to a fresh all-time high on Thursday, extending its rally as investors kept leaning into traditional safe havens. The metal climbed 2.14% to above $4,900 per ounce, while silver jumped 3.7%, above $96 per ounce. However, Bitcoin moved in the opposite direction, slipping as the broader store-of-value debate returned to center stage.
Bitcoin traded at $89,208, down 0.95% over the past 24 hours and 6.32% on the week. The pullback left the asset lagging while precious metals posted sharp gains. As the price gap widened, market watchers questioned whether Bitcoin could still compete with gold during periods of mac…
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