Digital gold will shine strong. In recent years Bitcoin (tent) to establish itself as a refuge Like theor. If the precious metal experienced explosive first months in 2025, with Chains of historical records on the price of the golden ounceit may be that the king of cryptocurrencies take over in the second half. It is in any case the opinion of the financial experts of the Grande Bank Jpmorgan.
The key points of this article:
Digital gold that is Bitcoin could take over from metallic gold, and win during the 2nd part of 2025, according to JPMorgan experts. Bitcoin has shown an explosive growth potential, fueled by increasing institutional adoption and the development of the market for cryptos derivatives.
Bitcoin versus Gold: What form of gold will be privileged for the 2nd half of 2025?
Investors looking for a inflation protection (that is to say against the loss of value of fiduciary currencies) turn to assets considered as refuges values. And, in this area, theor et Bitcoin are two popular options. However, the correlation of these two assets remain complex to apprehend. In their latest report commented by The Block, bank analysts Jpmorgan believe that there is a kind of » zero -sum (Zero-Sum Game) between these two precious active ingredients. Indeed, since the beginning of 2025, Their dynamic seems to oppose. With a raised Between February and April, the period during which the Bitcoin was lagging behind. Then a reversal situation in recent weeks.
“Between mid-February and mid-April, gold increased to the detriment of Bitcoin. But these last three weeks, we have observed the opposite, that is to say that Bitcoin increased to the detriment of gold. »»
Extract from the JPMorgan report
BTC has an even more powerful explosive potential than gold
According to JPMorgan analysts, Bitcoin should now outfit Gold for several reasons. First of all, it benefits from Specific catalysts who support his request. For example, companies like Strategy (ex-MicroStrategy) et Metaplanet Who continue to massively buy BTCs, regularly, and whatever happens on the market. In addition, some US states plan to add bitcoin to their Strategic reserves. It is In particular the case of the New Hampshire andArizona. This institutional adoption strengthens the legitimacy of the leader of cryptocurrency as Digital refuge value. Finally, the market of Cryptocurrency derived products develops quickly. With platforms As a deribit bought by Coinbaseor Ninjatrader acquired by Krakenet Gemini who obtains a license to offer Cryptos derivatives in Europe. These developments facilitate access to institutional investors at the Bitcoin market. Bitcoin therefore seems to have More growth potential That gold for the rest of 2025, according to JPMorgan. And even if the two shelters remain correlated with the same macroeconomic dynamicsthe BTC therefore benefits from additional catalysts linked to its growing adoption. The shimmer of digital gold promises to be dazzling.