Bitcoin News Today: Gold Steals Spotlight as Bitcoin’s Value Fades in 2025

Peter Schiff, a prominent critic of Bitcoin, has once again raised concerns about the cryptocurrency’s future, predicting a sharp decline in its value. In recent comments, Schiff warned that Bitcoin could potentially fall below $100,000, casting doubt on the optimistic forecasts of some market analysts. His remarks directly challenge predictions from figures like Tom Lee, who recently argued that Bitcoin could reach $200,000 in the coming years [1]. Schiff’s stance is grounded in his broader skepticism of digital assets and his belief that the Federal Reserve’s monetary policies are the primary driver of inflation and economic instability.

Schiff's critique extends to the role of Bitcoin as a store of value, particularly when compared to traditional assets like gold. He has consistently emphasized that gold remains the most reliable asset during periods of economic uncertainty, a position supported by recent market trends. Gold has surged by 33% in 2025, outperforming both the Nasdaq and Bitcoin, which has only gained around 10% year-to-date [2]. The BTC-XAU ratio—a measure of how much gold is required to purchase one Bitcoin—has dropped from 40 ounces at the start of the year to just 31.2 ounces, indicating that Bitcoin’s value has not kept pace with gold’s [2].

The evolving relationship between Bitcoin and gold has been a subject of ongoing analysis in the financial community. In 2017, Bitcoin's bull run caused the BTC/XAU ratio to reach an all-time high, but the subsequent price correction revealed the cryptocurrency's volatility compared to gold’s stability. While the two assets briefly aligned during the early stages of the COVID-19 pandemic in 2020, gold has since maintained a stronger position in the face of macroeconomic uncertainty [1]. This divergence highlights Bitcoin’s susceptibility to speculative trading and adoption trends, contrasting with gold’s long-standing role as a safe-haven asset.

Technical analysts have also noted that the BTC/XAU ratio has been consolidating within a long-term ascending triangle since 2017. A potential breakout is expected by late in the fourth quarter of 2025 or early 2026. However, previous cycles in this ratio have seen significant drawdowns—84% in 2019, 75% in 2020, and 78% in 2022—before new highs were established. The current pullback, though, has been far less severe, suggesting resilience in the Bitcoin market [2].

Despite the differing views among market participants, one point of agreement is the influence of broader macroeconomic factors. Gold's strong performance has been attributed to declining bond yields and persistent inflation concerns in major Western economies, both of which reinforce its status as a store of value. In contrast, Bitcoin's price movements remain heavily influenced by institutional adoption and speculative demand. As the market continues to evolve, the ongoing debate between bullish and bearish perspectives will likely remain a focal point for investors and analysts alike.

Source: [1] Gold Outshines in 2025 as Bitcoin-Gold Ratio Eyes Q4 Breakout (https://www.coindesk.com/markets/2025/09/04/gold-outshines-in-2025-as-bitcoin-gold-ratio-eyes-q4-breakout) [2] Bitcoin vs Gold Correlation Chart (https://newhedge.io/bitcoin/gold-correlation)