Bitcoin News Today: Bitcoin's Volatility Narrows to Gold's, Fueling 'Digital Gold' Debate

Bitcoin's Quarterly Volatility Gap With Gold Narrows to 0.2%, Fueling 'Digital Gold' Debate

Bitcoin's quarterly volatility has closed the gap with gold to just 0.2%, a development analysts say underscores the cryptocurrency's growing appeal as a stable store of value. CryptoQuant analyst Axel Adler Jr. highlighted the statistic, noting, "Bitcoin may be gradually becoming the true 'digital gold'," in a Moomoo report. The finding comes amid a broader market shift, with Bitcoin ETFs rebounding from recent outflows and major institutions like JPMorgan expanding crypto integration.

The recent $19 billion liquidation event in mid-October briefly sent Bitcoin to a four-month low of $104,000 but has since been viewed as a potential buying opportunity. Standard Chartered's Geoff Kendrick remains bullish, predicting Bitcoin could hit $200,000 by late 2025 despite renewed tariff threats from U.S. President Donald Trump, as detailed in a TradingView piece. This optimism contrasts with Ethereum's struggles, as ETF outflows for the altcoin reached $127.5 million on October 23, while Bitcoin ETFs saw $20.3 million in inflows, according to a Coinpedia report.

Institutional adoption is accelerating, with JPMorgan Chase announcing plans to allow institutional clients to use Bitcoin and Ethereum as loan collateral, per a TheCoinRise report. The move, despite CEO Jamie Dimon's past skepticism, aligns with broader Wall Street trends, including BlackRock's Bitcoin ETF and Morgan Stanley's crypto trading partnerships. Meanwhile, corporate treasuries now hold over $113 billion in Bitcoin, with companies like Greenlane Holdings pivoting to digital assets as part of strategic diversification, as noted in the Bitcoin News Digest (October 24, 2025) Bitcoin News Digest October 24, 2025 - by Mike Richardson.

Geopolitical tensions and macroeconomic factors continue to shape market sentiment. U.S.-China trade negotiations in Malaysia have eased short-term risk-off sentiment, pushing Bitcoin above $111,000, the Bitcoin News Digest reported. However, looming U.S. inflation data and the Trump administration's controversial proposal to replace gold reserves with Bitcoin—aimed at addressing $38 trillion in national debt—introduce uncertainty, according to a Yahoo Finance report. Critics warn such a shift could destabilize global markets, while proponents argue Bitcoin's potential 700% price appreciation could offset debt burdens.

The volatility debate between Bitcoin and gold has intensified as gold shed $2.5 trillion in market value this year, a loss exceeding Bitcoin's total market cap. Despite gold's traditional safe-haven status, Bitcoin's resilience has drawn comparisons. "Gold's recent 8% single-day correction highlights its fragility," noted CryptoMichNL, a crypto fund founder, while Tom Tucker cautioned investors to watch for BTC's potential to follow gold's downward trajectory in a TradingView analysis.

For now, Bitcoin's price remains in a consolidation phase, with key resistance at $113,600 and support near $109,000, the Bitcoin News Digest observed. Institutional "dolphin" wallets—those holding 100–1,000 BTC—have accumulated 26% of circulating supply, signaling sustained long-term demand, the digest added. As the Federal Reserve's policy decisions and geopolitical dynamics unfold, the race between Bitcoin's "maturity" and gold's "completion" as a store of value will likely define the next phase of the crypto market.