Bitcoin's decoupling šŸ’”

What a difference a month makes, eh? Since mid-April, gold has fallen 9% and Bitcoin has gained 17%.

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šŸ“ What you need to know

Gold prices have fallen 9% from April highs to $3,185 per ounce as U.S.-China trade tensions ease. Over the same period, Bitcoin surged 17% to $103,600.

The divergence intensified after both nations significantly reduced tariffs—the U.S. cutting import levies from 145% to 30% and China from 125% to 10%. It’s all part of a new 90-day agreement (tick, tick).

The diverging monthly performance has revived the debate about Bitcoin's "digital gold" status. While economist Peter Schiff attributes gold's retreat to shifting ownership patterns, Bitcoin's resilience signals its growing appeal as a safe-haven amid dollar debasement concerns.

But cool your jets, maxis. It’s still true that gold has outperformed Bitcoin since the start of the year—23% versus 10%.

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