Bitcoin Traders Face Setbacks as Gold Surges Amid Market Uncertainty
Gold has soared nearly 60% year-to-date, leaving bitcoin’s modest 13% gain in the shadow of its impressive rally. Despite ongoing optimism around a crypto bull market, gold’s performance continues to outpace bitcoin, reflecting distinct dynamics in these asset classes. Market analysts emphasize that gold’s sharp rise does not suggest overvaluation. On Kalshi, a platform for trading event contracts, sentiment strongly favors gold as the better-performing asset for 2025, signaling confidence that the precious metal will continue its upward momentum relative to bitcoin. However, data from Hyperliquid reveals a different story among cryptocurrency traders. Currently, only about 34% of positions in












