2026/02/07

Bitcoin vs. Gold: Why Bitcoin is Below $70,000?

The Bitcoin drop on February 6, 2025, was the lowest since November 2024. Once known as Crypto gold, it is now facing pressure from investors. The investors lost trust in bitcoin after a selloff in the U.S. tech market. Investors are moving towards Gold.

Notably, Bitcoin touched the $126,310 mark on October 7, 2025. It was the highest point that Bitcoin ever touched. Investors like Guy Kawasaki promoted Bitcoin and asked people to invest in it. Gold bonds and futures regaining momentum.

But after November 2025, Bitcoin keeps sinking. It reached the lowest level since 2024.

Bitcoin vs. Gold: eAskme

Other people are reading: How to Ensure Fast and Secure Withdrawals at Crypto Casinos?

Bitcoin Below $70,000:

On Thursday Bitcoin price touched $60,062.00. The investors are following the crypto-sell trend. Bitcoin made some corrections, and at the time of publishing this article, it touched the $68,324.93 mark.

Not only bitcoin but also multiple digital assets are down due to a fall in the IT market. Investors are now reassessing their investment strategies as crypto tokens are losing value. For a short period of time, Bitcoin worked as an alternative to gold and other traditional or fiat currencies.

Bitcoin is still below the $70,000 mark. The crypto market is down by 30%.

The steady selling reported in Bitcoin displays that traditional investors are losing interest and trust in Bitcoin.

Even though many people claimed that Bitcoin investment would grow in the coming years, the trend is falling apart. Bitcoin lost a large part of its value since November 2025.

The recent macroeconomic and geopolitical issues in the Middle East, Europe, and Venezuela also set the selling trend in cryptocurrency.

How Bitcoin Underperforms Gold:

Even though Bitcoin has lost 40% of its value since November 2025, it is still the most popular cryptocurrency in the crypto market.

While bitcoin is losing value, the gold future is gaining. Gold has gained 61% value since November 2025.

A selloff also hits other cryptocurrencies. Ether lost 33%, and Solana lost 40% in February 2026.
If Bitcoin breaks below $60,000, then it will create a market crash.

Constant Bitcoin crashes trigger crashes in other cryptocurrencies.

Conglass reported that more than $2 billion worth of cryptocurrencies were liquidated in February 2026. Traders can sell off Bitcoin if the market capitalization goes down.

People who are expecting bull to run in Bitcoin have not seen anything. XRP and Ether are also falling.

Bitcoin vs. Gold:

Bitcoin’s under-performance is making investors fall out of love with cryptocurrencies and choose traditional assets.

Gold is Forever:

There is a saying in investment markets, “Gold is Forever.” Gold prices have consistently increased.

Gold bonds and futures have never seen a loss of value like Bitcoin. The crypto market is highly volatile, while gold keeps the investment steady and safe.

Digital Gold is Under Review:

In 2025, Bitcoin was considered a replacement for digital gold. It is named crypto gold.

Now, it is performing like a high-risk asset. Investors do not want to keep a large portion of their investment in a high-risk market.

Reverse in-demand:

The institutions that invested billions in Bitcoin are now selling their stake. The reversed institutional demand is visible and causing more investors to sell their investments.

U.S. exchange-traded funds also sold their 46,000 bitcoins.

It is the worst bearish period since 2022.

Conclusion:

Bitcoin has been facing hard times losing value since November 2025. Investors are following the selloff trend. The massive selling also triggers small investors to sell their Bitcoin investment.

If Bitcoin goes below $60,000, then it will trigger the steep selling line. Investors are moving towards traditional investment assets like gold.

Other helpful articles: