Bitcoin Spikes But Gold Surges: What’s Driving The Underperformance?
Posted On April 21, 2025
Bitcoin (CRYPTO: BTC) is increasingly being compared to gold as investors examine macroeconomic dynamics and shifting global monetary sentiment.
What Happened: Prominent trader Unipcs on Monday pointed out that gold recently hit a market capitalization of $22.785 trillion, up $7 trillion in just 10 months.
Bitcoin sits at $1.7 trillion, representing just 7.46% of gold’s market value and 24% of its recent gains. Bitcoin is “incredibly undervalued” and primed to catch up, according to the trader.
Financial commentator IncomeSharks highlighted that $7 trillion is currently parked in money market funds, with around $14 trillion expected to flow into risk assets like stocks and …
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