Amid rising treasury yields, the role of Bitcoin as a digital alternative to gold is being actively discussed. The prospects of both assets are analyzed in the face of market uncertainty.
Comparison of Bitcoin's and Gold's Roles
Cryptocurrency Bitcoin (BTC) is trading around $112,000, while gold maintains its traditional role as a safe asset. Bloomberg Intelligence analyst Mike McGlone notes that rising treasury yields could lead to greater interest in gold in times of economic uncertainty.
Market Conditions Analysis
On May 22, 2025, the 30-year treasury yield reached 5.15%. McGlone suggests that gold may outperform Bitcoin if yields continue to climb. However, Bitcoin could also experience independent growth, potentially raising prices of other risk assets.
Expert Opinions and Predictions
Investor Tim Draper recently rejected gold, stating that Bitcoin possesses superior liquidity and growth potential. Author Robert Kiyosaki argues that Bitcoin's capped supply of 21 million gives it an advantage over gold, which can be mined indefinitely. Kiyosaki predicts Bitcoin could reach $250,000 by late 2025, driven by scarcity and increased adoption.
The competition between Bitcoin and gold intensifies amid rising treasury yields. While gold traditionally serves as a safe asset, Bitcoin continues to attract investors, particularly due to its limited supply and increasing interest from institutional players.
