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Bitcoin Flips Green for 2025 as Digital Gold Thesis Regains Momentum

Bitcoin Flips Green for 2025 as Digital Gold Thesis Regains Momentum

Author:
CoindeskEN
Published:
2025-04-28 08:19:57
16
1

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

After months of sideways action, Bitcoin finally claws back into positive territory year-to-date—just as institutional players start whispering about ’digital gold’ again.

Here’s what’s fueling the narrative shift:

• Macro tremors: With traditional markets looking shakier than a DeFi protocol’s tokenomics, BTC’s 21 million hard cap starts looking appealing

• ETF effect: BlackRock’s physically-backed product now holds more BTC than MicroStrategy (no corporate drama included)

• Miner resilience: Hash rate hits new ATH despite last year’s bloodbath—proof of work keeps on working

Of course, Wall Street’s sudden enthusiasm conveniently ignores the fact they called this ’rat poison’ at $5K. But when the printing presses start humming, even the stiffest suits eventually develop a taste for hard assets.

|Square

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