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Bitcoin vs. Gold: Analysts Highlight BTC's Rise as Digital Gold

May 27th. 2025

Market Watch

Fred Krueger and Willy Woo offer perspectives on Bitcoin's valuation compared to gold, emphasizing its scarcity, institutional growth, and emerging role as a gl

Bitcoin vs. Gold: Analysts compare value and future potential

Fred Krueger: Bitcoin should be 10x the price of gold

Fred Krueger, a prominent investor and quantitative analyst, has reignited the Bitcoin vs. gold debate by stating that Bitcoin should be valued at ten times the price of gold. He argues that BTC's hard-coded supply cap, combined with increasing institutional demand, gives it a superior scarcity profile compared to gold.

Krueger points out that gold's supply grows incrementally every year due to mining, while Bitcoin’s supply is fixed at 21 million coins. As major firms and sovereign entities begin holding BTC as a reserve asset, he believes its valuation will eventually surpass gold significantly.

Willy Woo: From speculation to digital gold status

On the other hand, on-chain analyst Willy Woo notes that while speculation continues to drive a portion of Bitcoin's current valuation, the asset is undergoing a structural transformation. He highlights data suggesting that long-term holders are steadily increasing and that volatility is stabilizing.

Woo views this as evidence of Bitcoin's growing role as a form of "digital gold," especially among retail investors and wealth preservation advocates. He forecasts that within the next economic cycle, Bitcoin may become a core part of national reserves and wealth management portfolios.

A shift in global financial paradigms

Both analysts agree that Bitcoin's narrative has matured. No longer just a speculative tech asset, BTC is being positioned as a financial instrument of strategic importance. This transition reflects broader trends of digital transformation in the monetary system, with cryptocurrencies emerging as alternatives to traditional stores of value like gold.

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