Odaily Planet Daily reports that Grayscale, a digital asset management company, pointed out in its latest report that Bitcoin’s recent decline to around $60,000 resembles a correction in high-growth tech stocks rather than a safe-haven pattern familiar to gold investors. This indicates that Bitcoin at this stage still functions more like an emerging technology asset rather than a mature store of value. Although Bitcoin has features such as a fixed supply and a decentralized network, making it potentially a store of value in the long term, its 17-year history is far shorter than gold’s thousands of years as a currency. Grayscale believes that the advancement of stablecoin and tokenized asset regulation, innovation in blockchain infrastructure, and the development of platforms like Ethereum, Solana, and Chainlink are expected to drive the next phase of adoption for Bitcoin and other crypto assets. Additionally, if Bitcoin can address scalability, transaction fees, and quantum resistance issues, its volatility may decrease, its correlation with the stock market could weaken, and its future performance might resemble “digital gold.” (CoinDesk)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin’s Draft BIP 360 Introduces P2MR in Push Toward Quantum Resistance
Bitcoin developers have updated draft BIP 360 to introduce Pay-to-Merkle-Root (P2MR), a proposed output type designed to reduce long-term quantum risk while retaining Taproot’s scripting flexibility. The proposal removes Taproot’s key-path spend entirely, aiming squarely at the portion of modern bi
Coinpedia10m ago
How to Make Money with Bitcoin in 2026: 8 Strategies Ranked by Risk & Reward
Bitcoin remains one of the most discussed assets of 2026, but making money with it goes far beyond “buy low, sell high.” From HODLing and ETFs to lending, trading, and even reward cards, this guide breaks down eight proven methods—with honest risk assessments, 2026‑specific context, and tax considerations. Whether you’re a beginner or a seasoned trader, find the strategy that fits your goals.
CryptopulseElite14m ago
Crypto Market Outlook 2026: $1.2T Stablecoin Surge & Bitcoin Cycle Shift
Crypto market outlook 2026 projects transformative growth as regulatory clarity and institutional integration deepen. Key themes include Bitcoin's four-year cycle delivering range-bound volatility, Ethereum's platform strength conflicting with weak asset narrative, stablecoin market cap targeting $1.2T by 2028, and privacy coins staging comebacks. Perp DEXs and prediction markets evolve from niche to mainstream infrastructure.
MarketWhisper22m ago
Gate Research Institute: Bitcoin New Investor Fund Inflows Turn Negative | Zerohash Integrates Monad and USDC
Cryptocurrency Asset Overview
BTC (-0.40% | Current Price 67,263.9 USDT)
In the past week, BTC has been continuously declining from around $79,000, with a quick bottoming out near $59,980 followed by a strong rebound. It then entered a range-bound consolidation, currently around $67,914, showing an overall pattern of "sharp decline—recovery—sideways trading." The MA5 and MA10 are repeatedly intertwined, with the price repeatedly under pressure from the MA30. The moving average system remains in a bearish arrangement, and the medium-term trend has not yet reversed. The MACD rebounded below the zero line and has flattened again, with the red histogram shortening. Momentum is recovering but has not yet formed a trend expansion. In the short term, watch for support at $66,000 and resistance at $69,500–$70,000. A volume breakout above the MA30 and a firm hold above $70,000 could open the way to challenge $72,000.
GateResearch27m ago
Bitcoin Price Prediction for 2026: Experts Call $75K to $225K Range
Bitcoin price prediction for 2026 ranges from $75K to $225K. Standard Chartered targets $150K, CoinShares $120K-$170K, Maple Finance $175K. After hitting $126K in October 2025 then crashing to $80K, Bitcoin trades 30% below peak as markets await Fed Chair decision.
MarketWhisper28m ago
