Bitcoin Outshines Gold as the Ultimate Store of Value—MEXC Drops the Mic

Move over, gold—Bitcoin’s stealing the spotlight. According to MEXC, the original crypto is now the go-to asset for preserving wealth, leaving the yellow metal in the digital dust.

Why the shift? Liquidity, divisibility, and that sweet, sweet volatility (if you’re into that sort of thing). Gold bugs might clutch their ingots tighter, but the numbers don’t lie.

Bonus jab: Wall Street’s still trying to figure out how to short both while charging a 2% management fee.

Although Gold has a much larger market cap than Bitcoin, Jin said the cryptocurrency still has an advantage based on its fixed supply, full transparency, and programmable infrastructure which offers a new hedge against risks tied to fiat money and government debt. As more institutions and governments show interest, Bitcoin is gaining respect as a strategic financial asset.

JPMorgan analysts also backed this view in a recent report. The firm, led by says Bitcoin is beginning to take market share from Gold due to its rising corporate interest and support from the United States. 

For years, both gold and Bitcoin have been used to protect against inflation and weakening currencies, which is a strategy known as the “debasement trade.” Recently, Bitcoin has gained momentum while gold has softened.

The JPMorgan team noted, “Between mid-February and mid-April, gold was rising at the expense of Bitcoin. But over the past three weeks, we’ve been observing the opposite.” They expect this trend to continue, with Bitcoin showing more potential upside. 

Moreover, Strategy (formerly MicroStrategy) plans to invest $84 billion in Bitcoin by 2027 and has already reached nearly a third of that. States like New Hampshire and Arizona are also getting involved, and have passed laws that allow Bitcoin investments and setting up digital asset reserves.

JPMorgan believes that growing demand from institutions and governments gives Bitcoin a clear edge if gold’s momentum fades.

Also Read: This Public Company to Buy $100M Bitcoin Despite Strategy Lawsuit