① Gold and silver prices broke historical records this week, while Bitcoin fell 6.25% year-to-date and Ethereum dropped 12%, creating a stark contrast; ② Investment advisory experts recommend that cryptocurrency investors shift to gold due to its advantages such as central bank purchases, lower volatility, and improved liquidity; ③ Renowned investor Peter Schiff believes that if Bitcoin does not rise when tech stocks and gold and silver are rising, it may never rise.
Gold and silver broke historical records again this week, demonstrating the strong performance of precious metals. However, for cryptocurrency investors, this is akin to adding insult to injury.
Once regarded as 'digital gold', $Bitcoin (BTC.CC)$ Bitcoin has fallen by 6.25% year-to-date after hitting a historical price record this year, while Ethereum has also dropped by 12%. The overall sentiment in the cryptocurrency market is extremely low, even causing significant declines in the stock prices of listed cryptocurrency asset management companies. $Ethereum (ETH.CC)$
Louis Navellier, founder of investment advisory firm Navellier & Associates, pointed out that given gold's nearly 70% rise in 2025, while most cryptocurrencies continue to decline, it is time for cryptocurrency investors to pivot to gold. He emphasized that gold has the advantages of central bank purchases, lower volatility, and improved liquidity.
Meanwhile, renowned investor Peter Schiff posted on the X platform that if Bitcoin does not rise when tech stocks are rising and does not rise when gold and silver are rising, then it may never rise.
Rebound Expectations
Despite a favorable regulatory environment and growing acceptance of cryptocurrencies by Wall Street, Bitcoin has diverged from stock market trends for the first time since 2014.
After long-term holders sold off their holdings, the token has struggled to recover. Mandatory liquidations in October caused its price to fall approximately 30% from its all-time high near $126,000, and it currently stands slightly above $87,000.
Sean Farrell, head of digital assets at Fundstrat, noted that he is not surprised by Bitcoin's recent volatile movements, as Christmas trading typically involves selling loss-making positions and buying profitable ones before the end of the year. He believes many investors are unwilling to take risks by continuing to invest in assets that have performed poorly over the past few months.
He added that favorable conditions for a cryptocurrency rebound in January may arise as investors incorporate Bitcoin into their long-term portfolios, which is expected to increase capital inflows. Additionally, historical experience shows that assets whose prices fall in December often see price increases in January.
10X, a cryptocurrency research firm, also forecasted that Bitcoin could experience a short-term rebound as all the necessary factors are in place: a 30% pullback, a two-and-a-half-month downturn, and a complete reset of technical indicators.
Editor /rice