#BitcoinVsGold Gold breaks new ATH at 4,950 USD/oz, Bitcoin still "lagging" below 90,000 USD – What is happening?
Spot gold price (XAU/USD) continues to hit new historical highs, surpassing 4,950 USD/ounce, thanks to a strong influx of safe-haven money into assets. Macroeconomic instability (large US public debt maturities, rising Treasury yields, strong net selling from Europe/China/India) makes gold a clearly defined "safe haven king."
On the other hand, Bitcoin – often referred to as "digital gold" – remains sluggish below 90,000 USD (fluctuating between 89,000-90,000 USD). The BTC/gold ratio has decreased by about 55% from its peak, indicating that BTC is significantly weaker than gold at this stage.
Capital flow chain: CEX recorded a net capital flow of +5,024 BTC in the past 24 hours – some funds are buying the dip, but overall sentiment remains cautious, with ongoing ETF BTC/ETH outflows, lacking strong momentum.
Sentiment & analysis: The community is calling for a "pump up," but mainstream analysts believe that BTC lacks clear short-term catalysts (CLARITY regulations delayed, liquidity tightening). The consensus leans towards a prolonged adjustment phase, potentially lasting until September or longer.
Trading guidance: Currently, there are no structural signals (breakouts, strong volume) or positive funding reversals. Expert Tiafilo commented: "There are no specific proposals for BTC at this time. We will consider participating if there are clearer structural signals or capital flows."
In summary: Gold is "winning" in the role of a safe haven, while BTC is left behind due to a lack of macro momentum. If holding BTC, it is advisable to be patient or diversify into gold/stablecoin yield to preserve capital.
Do you think BTC will regain its momentum or will gold continue to lead in 2026? Comment below! 📉🟡