The Unthinkable Happened For Smart Crypto Bulls, Trump’s Tariff Plan Hampers Stock Market Rally

To gain an edge, this is what you need to know today.

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Please click here for an enlarged chart comparing gold ETF SPDR Gold Trust (GLD) to bitcoin ETF iShares Bitcoin Trust ETF ( IBIT).

Note the following:

• The chart shows gold has outperformed bitcoin in 2025 by 13.92%.
• The higher the volatility, the higher return prudent investors demand to compensate for higher volatility.
• The chart shows bitcoin has been very volatile.  In contrast, gold has had very low volatility – just a smooth rise.
• The chart proves that the unthinkable for smart crypto bulls has happened.  Smart crypto bulls had been basking in their glory that the Trump family, many cabinet members, many congressmen, and Wall Street had positioned themselves to heavily profit from cryptos.  There is no data that shows that the powerful people in the U.S. are positioned to profit from rising gold.  As a matter of fact, it appears that some on Wall Street have been shorting gold. If the foregoing was not enough, with hundreds of millions of dollars of campaign contributions, crypto bulls have convinced President Trump to set up a U.S. strategic bitcoin reserve.  Crypto bulls have been pushing for the U.S. government to sell its gold to finance a bitcoin buying spree.   In addition, both the meme crowd and momo crowd have been aggressively buying cryptos.
• The chart shows that in the face of the foregoing, gold has outperformed the biggest crypto, i.e. bitcoin.
• For gold to outperform bitcoin has been unthinkable for smart crypto bulls. Afterall, their argument has been that gold is useless and that is why the U.S. government should sell its gold and buy bitcoin.  
• Here is how the unthinkable has happened.
  • Foreign central banks, including those in China, India, Turkey, and Poland, have been buying gold.
  • Smart money is buying gold all across the globe.
• For those who want next level information on the very important subject of investing in bitcoin and …

Full story available on Benzinga.com