Bitcoin vs Gold: Veteran Trader Peter Brandt Clears Air As Yellow Metal Shines

Highlights

Gold has surged to an all-time high of $2,940 per ounce, intensifying the Bitcoin vs. Gold debate.
Veteran trader Peter Brandt observed significant capital outflows from Bitcoin, as long-term investors turn to profit-booking.
Analyst Charles Edwards pointed to rising gold demand as a hedge against global uncertainty, suggesting a potential shift into Bitcoin in the near future.

While the Bitcoin price struggles to breach past the $100K levels, yellow metal Gold solidifies its market position hitting a record-high of $2,940 per ounce. This has ignited the classic Bitcoin vs Gold debate with experts at both ends weighing in. Veteran trader Peter Brandt noted that big money is coming out of BTC at this point.

Is Bitcoin Underperforming Gold?

Gold price has continued with its rally as the yellow metal hit fresh all-time highs at $2,940 earlier today in a strong show of strength. Bitcoin critic and economist Peter Schiff was quick to point out BTC has been rather losing strength over Gold in the last few years. In a message on the X platform, Schiff wrote:

“In 2021, when Bitcoin hit a high of $69K, its market cap was 10.72% of gold’s market cap. Today, even with Bitcoin at $98K, its market cap has fallen to 9.95% of gold’s market cap. If Bitcoin is the new gold, why has it become less important than gold over the past four years?”

Over the last year, the Gold price has appreciated by a staggering 44%, with nearly 10% gains coming since the beginning of 2025. With Bitcoin bulls facing turbulence currently, gold has become an attractive option with its unprecedented rally.

Peter Brandt Acknowledged Bitcoin Outflows

Veteran trader Peter Brandt also acknowledged that there have been huge capital outflows from BTC recently. “There is no question in my mind that there is some big money coming out of Bitcoin at this level,” he wrote.

Brandt highlighted that long-term Bitcoin whales, who have seen returns as high as 100x over the past decade, may now be taking profits. He emphasized that this behavior is part of the natural market cycle as investors reassess their positions after significant gains.

Will BTC Bounce Back Soon?

Crypto market analysts remain divided on whether Bitcoin vs Gold debate and whether BTC can bounce back soon or will bore investors to death. Prominent crypto analyst Michael van de Poppe has expressed optimism about Bitcoin’s price trajectory, suggesting that the leading cryptocurrency is on the brink of new all-time highs.

Van de Poppe pointed to the recent strong performance of gold, which has been setting record highs. “Gold has been printing strong all-time highs, and I think we’ll see the same for Bitcoin in the coming 2-3 weeks,” he stated.

However, other experts believe that BTC is in a zone similar to summer 2024. Charles Edwards, founder of Capriole Fund cited Bitcoin’s tendency to remain silent during the Gold rally. “Gold is ripping, Bitcoin chopping. Summer 2024 vibes. You know the deal—Bitcoin will bore you to death,” Edwards remarked.

Historically, Bitcoin has delivered larger breakouts within 3-6 months of gold’s surges. Edwards noted that current market conditions, including global tariffs, uncertainty, and potential inflation, are driving central banks and Asian investors toward gold as a hedge. He anticipates that this rotation into gold will eventually shift into Bitcoin.

As of press time, the BTC price is trading at $97,650 with daily trading volumes down 12% slipping to $33.3 billion. As per the Coinglass data, the BTC futures open interest is marginally up by 1.62% to $60 billion while the 24-hour liquidations have soared to $19.4 million.

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Bhushan Akolkar

Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets.   He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.

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