Bitcoin, called "digital gold," is on a high note, breaking its all-time high price

Bitcoin, called "digital gold," is on a high note, breaking its all-time high price, but real gold, which had soared, is showing a slow trend.

Bitcoin, often called "digital gold," is on a high note, breaking its all-time high price, but real gold, which had soared, is showing a slow trend.

While Bitcoin is rebounding against the backdrop of deregulation of virtual assets and inflows of institutional funds, gold has passed its short-term peak, mainly on Wall Street.

According to Trading View on the 25th, the gold price based on CFD recorded 3303 dollars per ounce at 9 a.m. on the 23rd. This is down 0.30% this month. On the contrary, Bitcoin has returned 15.56% over the same period.

This is a markedly different trend compared to the same institution last month. During the same period last month (April 1-23), Bitcoin recorded a better performance, with gold rising 10.79%, while Bitcoin rose 7.14%.

The two assets, called gold and digital gold, have recently shown distinctly different trends because it is the US government's policy trend that affects Bitcoin prices the most.

Donald Trump, who showed off his Bitcoin-friendly appearance last year, was elected president of the United States this year, and this trend has strengthened.

In particular, Bitcoin has reached an all-time high of more than $110,000 as the move to incorporate virtual assets into the system has accelerated, with the recent passage of the stablecoin regulation bill "Genius Act" in the U.S. Senate.

Institutional funds flowed into stocks of Bitcoin Spot Exchange Traded Fund (ETF) and Listed Strategies, which took a bitcoin purchase strategy, and ETF managers and strategies continued to purchase bitcoin based on this, which is why bitcoin prices have risen.

On the other hand, gold rose ahead of Bitcoin on demand for safe assets, but lost its direction as global tensions eased.

Gold traded at around $2,660 an ounce earlier this year, but it began to rise as the Donald Trump administration's tariff policy took shape, reaching an all-time high of $348 an ounce on the 22nd of last month. This is because demand for safe assets has grown due to global trade instability caused by tariffs.

Following President Trump's signal to lower trade tensions with China, the two countries agreed to lower tariffs by 115 percentage points over 90 days on the 12th, reviving sentiment for risky assets such as stocks.

On Wall Street, some analysts say gold has passed its peak. "In the long run, we are not pessimistic about gold, but it may have peaked for the time being, and tensions from the United States will have to rise again," Francisco Blanch, head of global commodities at Bank of America, said in a recent Bloomberg appearance.

Suki Cooper, SC precious metals analyst, also said, "Gold prices may stabilize at a high level toward the end of the year if stimulus measures such as tax cuts are implemented in the U.S. and uncertainties surrounding geopolitical risks begin to ease," adding, "The gold rally may have passed its peak."