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Cryptocurrency News Articles

title: Bitcoin (BTC) is now worth more than one kilogram of gold, but gold is outperforming

May 20, 2025 at 04:10 am

Bitcoin (BTC) is worth more than one kilogram of gold, but many investors still favor the latter. On Monday, May 19, MEXC COO Tracy Jin shared her insights about Bitcoin’s relative performance with crypto.news.

title: Bitcoin (BTC) is now worth more than one kilogram of gold, but gold is outperforming

Bitcoin (BTC) is now worth more than one kilogram of gold, but many investors still favor the latter, according to MEXC COO Tracy Jin.

In her latest commentary for crypto.news, Jin shared her insights about Bitcoin’s relative performance.

As of Monday, May 19, Bitcoin traded above $106,000, which is more than one kg of gold at current prices. The biggest crypto asset reached a daily high of $107,089. However, the volatile macroeconomic environment favors gold.

“Since the beginning of 2025, gold has risen by 23%, outpacing Bitcoin’s 12% gain. This divergence highlights that, in times of heightened uncertainty, institutional capital continues to favor traditional safe-haven assets. Gold remains the preferred hedge — at least for now,” Tracy Jin, MEXC.

Still, gold’s strong performance could be good for Bitcoin. This is because the current macroeconomic imbalances favor assets that are seen as havens. What is more, Bitcoin has more space to grow.

Bitcoin could be at $150,000 by year’s end: Tracy Jin

Despite gold’s relatively strong performance, Jin believes that Bitcoin is in a good position to grow further. Compared to traditional markets, Bitcoin has shown resilience, and investors are increasingly starting to view it as a safe haven.

“Bitcoin, however, is showing resilience. The asset has posted six consecutive weeks of growth, closing near $106,500. The $105,800 level is a key resistance zone: a confirmed breakout could open the way toward $109,000, with optimistic projections reaching $130,000 in Q3 and potentially $150,000 by year-end,” Tracy Jin, MEXC.

Long term, there’s still significant potential for growth, especially if investors start using Bitcoin as a safe haven and a hedge against inflation. For instance, Jin pointed out that Bitcoin’s market cap is still well below gold’s, at $2 trillion compared to $21 trillion.

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Other articles published on May 20, 2025