Geopolitical uncertainty and shifts in interest rate expectations have led institutions to allocate capital to gold and silver. Silver, in particular, has amplified gold’s movement due to limited supply and sensitivity to speculative flows. Gold surpassed $4,500 per ounce for the first time, showing strong performance compared to Bitcoin. Silver rose to $72.27, supporting gold’s movement.

10X Research founder Markus Thielen argues that Bitcoin’s lag in 2025 is primarily because the “digital gold” narrative has failed to attract institutional capital on Wall Street. While physical assets like gold and copper posted strong gains, Bitcoin did not gain enough from safe-haven or tech-focused investments.

Bitcoin Investors Remain Cautious

Bitcoin is still seen as a high-volatility risk asset. In risk-off periods, capital flows first into gold and government bonds, while Bitcoin remains secondary.

According to CryptoQuant, apparent Bitcoin demand has turned negative. Short-Term Holder (STH) SOPR remains below 1, indicating that short-term investors are exiting at a loss or break-even, increasing selling pressure. SOPR (Spent Output Profit Ratio) measures the profit or loss of a coin by comparing purchase and sale prices.

Macro Factors Limit Bitcoin’s Upside

Gold and silver have long-term, less price-sensitive investor bases, whereas Bitcoin remains dependent on short-term positioning and marginal demand. Hence, macroeconomic tailwinds alone cannot drive Bitcoin higher.

• Gold prices have risen around 12% since the start of the year, supported by central bank purchases.

• Silver has increased about 15% due to tighter supply and speculative demand.

• Bitcoin, by contrast, has remained sideways, fluctuating between 3–5%.

Bitcoin vs Gold Performance

The BTC-gold ratio, which shows the amount of gold required to buy one Bitcoin, fell from roughly 40 ounces in December 2024 to 20 ounces in 2025, a 50% drop. This reflects strong gold performance and institutional inflows rather than a collapse in Bitcoin demand.

Central banks purchased 254 tons of gold by October, and global gold ETF assets rose by 397 tons in the first half of 2025. Bitcoin demand weakened in H2; managed assets in spot ETFs declined from $152B to $112B, and long-term holders sold more than 500,000 BTC.

What Investors Should Expect

XWIN Research Japan’s base scenario:

• Gold and silver remain supported by safe-asset flows.

• Bitcoin’s upside is limited by weak demand and short-term investor pressure.

However, if apparent demand turns sustainably positive and STH SOPR stabilizes above 1, this assessment should be revisited.

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The post Why Bitcoin Lagged Behind Gold in 2025 appeared first on Coin Engineer.

Interestingly, Kiyosaki predicted crashes in crypto, stocks, and other financial markets before. He admits the timing may change but insists the crisis will inevitably occur. 

Kiyosaki also foresees significant impacts from a potential commercial real estate collapse. Asian investors buying gold attract attention, while demand for bonds declines. He criticizes financial planners who wrongly claim bonds are safe investments. 

Financial Planners lie when they sat “Bonds are safe.” There is nothing safe in a market crash.

The commercial real estate market is crashing.

Moodys down graded US bonds.

Asians buying gold.

No one is showing up to buy bonds.

I’ve been buying real gold, silver, and…

— Robert Kiyosaki (@theRealKiyosaki) August 7, 2025

Kiyosaki’s Survival Investments: Bitcoin, Gold, and Silver 

Kiyosaki reveals which assets he is buying to protect himself from the upcoming economic crisis. Bitcoin ranks first. He points out that Bitcoin has made more millionaires more easily compared to other assets. Despite Bitcoin’s volatility, he has supported it for years. After Bitcoin, his preferred assets are gold and silver. He highlights that tangible assets remain more stable during economic fluctuations. Additionally, he praises Donald Trump’s executive order allowing 401(k) retirement plans to include cryptocurrencies. 

Because I plan on getting richer during the coming crash and the next Great Depression. 

This decision creates new opportunities for investors. Kiyosaki aims to grow wealth during the coming crisis and repeatedly advises his followers to do the same. According to him, these types of assets withstand economic turmoil. 

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Kiyosaki Warns of Market Collapse, Buys Bitcoin, Gold, and Silver appeared first on Coin Engineer.