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Bitcoin Flips Green for 2025 as ’Digital Gold’ Thesis Gains Steam

Bitcoin Flips Green for 2025 as ’Digital Gold’ Thesis Gains Steam

Author:
Coindesk
Published:
2025-04-28 08:19:57
19
2

Bitcoin Turns Positive Year-to-Date as It Veers Toward Digital Gold Narrative

After months of sideways action, Bitcoin claws back into positive territory year-to-date—just as institutional players start trotting out those tired ’store of value’ talking points again.

The king of crypto now trades above its January 1 opening price, conveniently timed with yet another gold comparison PR push from Wall Street firms who wouldn’t touch BTC at $20K. Funny how that works.

Key drivers? Spot ETF flows (barely covering Grayscale’s bleed-out), macro uncertainty (always reliable), and that perennial favorite: reflexive FOMO from traders who missed the last 30% pump.

Will the narrative hold? Maybe until the next 15% correction sends the ’digital gold’ crowd scrambling for analog excuses.

|Square

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