Digital Gold

Veteran trader Peter Brandt says he is considering selling some bitcoin to buy gold, arguing the metal may gain substantially against BTC. The view challenges a popular crypto-bull narrative that bitcoin’s underperformance could soon spark a rotation back into digital assets.

Coinbase CEO Brian Armstrong said his instinct is that Bitcoin likely bottomed near $60,000, while stressing that no one can know for sure. He still expects the asset to trade much higher by 2030 despite the latest pullback.