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Bitcoin Surges 18% as Investors Shift from Gold to Crypto

Coin WorldThursday, May 15, 2025 10:31 am ET

1min read

Bitcoin has experienced a notable surge, increasing by 18% over the past three weeks. This upward trend coincides with a decline in gold prices, which have dropped by 8% during the same period. This shift in market dynamics suggests a growing trend of investors moving their assets from gold ETFs to cryptocurrency funds.

Several factors are contributing to this transition. Corporate holdings of Bitcoin are on the rise, with firms such as Strategy planning to invest an additional $4.2 billion into Bitcoin acquisitions by 2027. Companies like Metaplanet are also continuing to bolster their crypto portfolios. Additionally, state-level support for Bitcoin is increasing, with New Hampshire approving a 5% allocation of state assets to Bitcoin and Arizona establishing its own digital asset reserve.

The maturing derivatives market is also playing a crucial role in this shift. Recent acquisitions and licenses, such as Coinbase’s acquisition of Deribit, Kraken’s purchase of NinjaTrader, and Gemini obtaining a European derivatives license, indicate a growing acceptance and integration of cryptocurrencies into traditional financial markets. According to JPMorgan’s Managing Director, Nikolaos Panigirtzoglou, the increasing consideration of Bitcoin by U.S. state governments can further enhance this positive momentum for the cryptocurrency.

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