DeFi Daily News
Friday, August 29, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi Web 3

rewrite this title Gold Is Still the Safe-Haven King, While Bitcoin Loses Out: JP Morgan – Decrypt

Mathew Di Salvo by Mathew Di Salvo
April 17, 2025
in Web 3
0 0
0
rewrite this title Gold Is Still the Safe-Haven King, While Bitcoin Loses Out: JP Morgan – Decrypt
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Bitcoin‘s safe-haven narrative isn’t living up to its mythical status, according to JP Morgan, with investors instead preferring to put their cash into gold amid recent market volatility spurred by President Trump’s global trade war.

Analysts at the top investment bank said in a Thursday report that gold exchange-traded funds and futures are receiving most of the investment action, as speculators look for a safe bet. 

Gold’s price has soared since last year, and this week hit a new high over $3,660. Bitcoin has dropped since it broke a new record in January. It has been trading sideways this month, and is more than 20% off its record high near $109,000, set on Jan. 20, the day of U.S. President Donald Trump’s inauguration. 

Bitcoin in the past has correlated to the precious metal, and advocates describe the top cryptocurrency as “digital gold.” But the asset—which began trading in 2009—has in recent years correlated with U.S. equities, especially tech stocks. 

“Bitcoin has failed to benefit from the safe haven flows that have been supporting gold in recent months,” the JP Morgan report said, noting that while investors have pumped money into gold ETFs, speculators have cashed out of the new American crypto ETFs.



Bitcoin ETFs in the U.S. briefly overtook their gold counterparts in December, thanks to the virtual coin’s price increase, before losing ground to them.

Trump’s November election helped boost crypto prices, as the Republican campaigned on helping the digital asset industry by ratcheting back regulations the industry deemed unfair. 

 

But a combination of geopolitical uncertainty, President Trump’s aggressive tariffs, and fears of a recession have led investors to go to the ultimate safe-haven asset: gold. 

Bitcoin was changing hands near $85,000 on Wednesday, roughly where it started in April, according to crypto data provider CoinGecko. 

It has fared better than major equity indexes, which have lost ground this month with the S&P 500 and tech-heavy Nasdaq both off by about 6%. 

Edited by James Rubin

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website http://defi-daily.com and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: BitcoinDecryptGoldKingLosesMorganrewritesafehaventitle
ShareTweetShare
Previous Post

rewrite this title MSC World America Review: A Family-Friendly Ship – NerdWallet

Next Post

rewrite this title Jeanie Buss shockingly admits keeping Luka Doncic-AD deal ‘under wraps’ to avoid any leak leading to trade collapse

Next Post
rewrite this title Jeanie Buss shockingly admits keeping Luka Doncic-AD deal ‘under wraps’ to avoid any leak leading to trade collapse

rewrite this title Jeanie Buss shockingly admits keeping Luka Doncic-AD deal 'under wraps' to avoid any leak leading to trade collapse

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
Jared Kushner Nears Deal to Purchase Ownership Stake in Phoenix

Jared Kushner Nears Deal to Purchase Ownership Stake in Phoenix

July 15, 2024
zkLink Revolutionizes Telegram User Onboarding with One-Click Web3 Integration Using MagicLinks Toolkit

zkLink Revolutionizes Telegram User Onboarding with One-Click Web3 Integration Using MagicLinks Toolkit

September 17, 2024
rewrite this title Falcon Finance Launches On-Chain Insurance Fund With M Initial Capital

rewrite this title Falcon Finance Launches On-Chain Insurance Fund With $10M Initial Capital

August 28, 2025
I stumbled upon a Duolingo hack, and now I regret it

I stumbled upon a Duolingo hack, and now I regret it

October 12, 2024
Crypto Sentiment Shift in 2025📈CoinDepo INTERVIEW

Crypto Sentiment Shift in 2025📈CoinDepo INTERVIEW

August 3, 2025
Top 5 Superior Ethereum Faucets to Earn Free ETH in 2024

Top 5 Superior Ethereum Faucets to Earn Free ETH in 2024

July 16, 2024
rewrite this title Tron Network Fees Slashed After Vote—Here’s What to Expect – Decrypt

rewrite this title Tron Network Fees Slashed After Vote—Here’s What to Expect – Decrypt

August 29, 2025
rewrite this title and make it good for SEOAging Japan is tripling its investments to .8 billion a year in a bid to get India’s younger workers

rewrite this title and make it good for SEOAging Japan is tripling its investments to $6.8 billion a year in a bid to get India’s younger workers

August 29, 2025
rewrite this title *HOT* Amazon Basics Sandwich Bags, 100 Count only  shipped, plus more!

rewrite this title *HOT* Amazon Basics Sandwich Bags, 100 Count only $2 shipped, plus more!

August 29, 2025
rewrite this title What Taylor Swift’s Ex Joe Alwyn Thinks About Her Engagement To Travis Kelce! – Perez Hilton

rewrite this title What Taylor Swift’s Ex Joe Alwyn Thinks About Her Engagement To Travis Kelce! – Perez Hilton

August 29, 2025
rewrite this title Pepeto Presale Compared to Dogecoin: Which Meme Coin Will Lead the Next Bull Run

rewrite this title Pepeto Presale Compared to Dogecoin: Which Meme Coin Will Lead the Next Bull Run

August 29, 2025
My Sister Was Left Out Of The Will And Wants Back In For All The Wrong Reasons

My Sister Was Left Out Of The Will And Wants Back In For All The Wrong Reasons

August 29, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.