‘Debasement trade still on,’ says hedge fund exec as Bitcoin lags gold
Select metals like gold, silver, and platinum have posted triple-digit gains, with gold nearing $5k (up 80% YoY), silver surging 200%, and platinum up 175%. In contrast, Bitcoin traded at $89k, down 12% over the same period. Hedge fund manager James Lavish argues the "debasement trade" remains strong and expects Bitcoin to eventually catch up. However, BTC's momentum has been hampered by weaker institutional inflows compared to gold’s $10 billion ETF inflows since December 2025, as well as growing quantum computing risks, which prompted some investors to shift from BTC to gold. Analysts remain divided on whether Bitcoin will rebound amid ongoing macroeconomic uncertainty.
ambcrypto01/23 15:03
