Citing Coindesk, Bitcoin has underperformed in 2025 compared to gold and copper, which have surged amid macroeconomic and geopolitical concerns. Gold has risen 70% to a record high above $4,450 per ounce, while copper has gained 35%. In contrast, Bitcoin is down 6% year-to-date. Analysts suggest that the shift reflects a growing preference for tangible assets over digital and fiat-based investments. Markus Thielen of 10x Research noted that Bitcoin's narrative as 'digital gold' has failed to attract institutional investors, while Greg Magadini of Amberdata pointed to the lack of sovereign demand for BTC. Meanwhile, Lewis Harland of Re7 Capital argues that Bitcoin's consolidation could signal energy for a future rally.
Bitcoin Trails Gold and Copper as Investors Flock to Tangible Assets in 2025
CoinDeskShare






Bitcoin trails gold and copper in 2025 as investors favor tangible assets. Gold hit $4,450 per ounce, up 70%, while copper rose 35%. Bitcoin fell 6% year-to-date. Analysts note the fear and greed index shows a shift toward physical assets. Thielen of 10x Research says Bitcoin’s 'digital gold' narrative hasn’t drawn institutional buyers. Magadini of Amberdata points to low sovereign demand. Harland of Re7 Capital sees consolidation as a potential setup for a rally. Some altcoins to watch may benefit from this trend.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.