{"id":21933,"date":"2025-03-11T13:54:29","date_gmt":"2025-03-11T11:54:29","guid":{"rendered":"https:\/\/forklog.com\/en\/experts-question-bitcoins-status-as-digital-gold\/"},"modified":"2025-03-11T13:54:29","modified_gmt":"2025-03-11T11:54:29","slug":"experts-question-bitcoins-status-as-digital-gold","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/experts-question-bitcoins-status-as-digital-gold\/","title":{"rendered":"Experts Question Bitcoin&#8217;s Status as Digital Gold"},"content":{"rendered":"<p>Gold remains a reliable safe-haven asset, while Bitcoin continues to behave like high-risk tech stocks during periods of market instability. This conclusion was reached by experts surveyed by <a href=\"https:\/\/www.theblock.co\/post\/345465\/bitcoins-safe-haven-role-under-scrutiny-as-stock-market-poised-for-correction\">The Block<\/a>.<\/p>\n<p>Nigel Green, CEO of deVere Group, highlighted the accumulation of &#8220;warning signals&#8221; indicating the possibility of continued sell-offs in the stock market.<\/p>\n<p><script async src=\"https:\/\/telegram.org\/js\/telegram-widget.js?22\" data-telegram-post=\"forklog\/42969\" data-width=\"100%\"><\/script><\/p>\n<p>The executive pointed to weakening consumer sentiment, high inflation, and an increase in unemployment benefit claims.<\/p>\n<p>He noted that the GDPNow model from the <span data-descr=\"Federal Reserve Bank\" class=\"old_tooltip\">Federal Reserve Bank<\/span> of Atlanta predicts a GDP contraction of 2.4% in January-March 2025. If confirmed, growth rates would turn negative for the first time in three years.<\/p>\n<p>According to Green, the resilience that previously fueled the growth of risky assets is giving way to deeper structural issues.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Investors should be prepared to rotate into strong areas rather than cling to past winners who may face challenges in new conditions,&#8221;<\/em> he advised.<\/p>\n<\/blockquote>\n<p>The CEO of deVere Group noted that alternative assets are becoming increasingly significant, with gold remaining a reliable tool for protection against volatility, while Bitcoin has the potential for further institutional recognition as digital gold.<\/p>\n<p>BlackRock CEO Larry Fink <a href=\"https:\/\/www.reuters.com\/markets\/us\/blackrock-ceo-fink-says-nationalistic-policies-will-stoke-inflation-2025-03-10\/\">shares Green&#8217;s view<\/a>. According to the executive, U.S. inflation will continue to rise over the next six to nine months due to Trump&#8217;s &#8220;nationalistic&#8221; policies, which investors are not fully accounting for.<\/p>\n<p>Ruslan Lienkha, Head of Markets at YouHodler, expressed concern about the current correction, noting that it could develop into a medium-term bear trend.<\/p>\n<p>The specialist noted increased uncertainty, which enhances the status of government bonds as a safe haven for capital. Lienkha doubted that Bitcoin fulfills this role due to its high volatility.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;The first cryptocurrency behaves more like high-risk tech stocks. [&#8230;] The medium-term performance of digital gold will remain in line with general stock market trends,&#8221;<\/em> he stated.<\/p>\n<\/blockquote>\n<p>Back in April, former BitMEX CEO Arthur Hayes<a href=\"https:\/\/u1f987.com\/en\/news\/arthur-hayes-predicts-bitcoin-dip-to-70000-before-recovery\"> suggested<\/a> Bitcoin could drop to $70,000 before recovering.<\/p>\n<p>Earlier, a researcher known as MarktQuant<a href=\"https:\/\/u1f987.com\/en\/news\/expert-predicts-bitcoin-surge-to-258445-by-septembers-end\"> predicted<\/a> the first cryptocurrency would recover to $258,445 by the end of September.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold remains a reliable safe-haven asset, while Bitcoin continues to behave like high-risk tech stocks during periods of market instability. This conclusion was reached by experts surveyed by The Block. Nigel Green, CEO of deVere Group, highlighted the accumulation of &#8220;warning signals&#8221; indicating the possibility of continued sell-offs in the stock market. The executive pointed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,865,536,1138],"class_list":["post-21933","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-blackrock","tag-gold","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"37","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/21933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=21933"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/21933\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/21932"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=21933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=21933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=21933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}