Bitcoin Plunges 40% Against Gold - Safe Haven Assets Reassert Dominance

Digital gold gets outshone as Bitcoin tumbles against the real thing.

THE PRECIOUS METAL STRIKES BACK

Bitcoin's 40% decline against gold marks a stunning reversal for crypto enthusiasts who championed digital assets as the ultimate store of value. While traditional finance types nod knowingly about 'fundamentals finally mattering,' the numbers don't lie - gold's centuries-long track record just delivered a brutal reminder to its digital competitor.

MARKET REALITY CHECK

The crypto crowd's 'number go up' mentality meets cold, hard metal. Gold's stability during economic uncertainty continues drawing institutional money while Bitcoin's volatility leaves even seasoned traders reaching for antacids. Another quarter, another lesson in why Wall Street still keeps those vaults stocked with bullion instead of hardware wallets.

THE CYNICAL TAKE

Nothing says 'mature asset class' like getting outperformed by a rock we dig out of the ground. Maybe the crypto bros should've focused less on moon shots and more on building something that doesn't crash every time some central banker clears their throat.

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Take a look at the chart and list below to see how they stack up.

(SGRT) — This is a fairly new ETF, as it was launched in August this year. The fund selects 30 American companies with large market capitalization and earnings potential above the market average.

The ETF AI analyst currently has a $28 price target on SGRT, suggesting about 23% growth potential. The fund’s current Outperform rating is based on solid year-to-date performance from its top holdings, such as memory chip manufacturer Micron (MU) and big data analytics firm Palantir (PLTR).

(QLTY) – This is the first fund by Boston-based Grantham, Mayo, Van Otterloo & Co. The ETF selects U.S. businesses with a strong balance sheet, a consistent earnings track record, and high returns. It targets companies with large market capitalization and avoids those that can be highly volatile.

The ETF AI analyst currently has a $42 price target on QLTY, suggesting more than 15% upside. Outperformance from important holdings, including Broadcom (AVGO), Microsoft (MSFT), and Lam Research (LRCX), has earned the fund its current Outperform rating.

(NSCR) — Just as the name suggests, this fund focuses on sustainability and aims to only invest in businesses that follow strict environmental, social, and governance policies. The fund is managed by investment firm Nuveen, which is owned by the Teachers Insurance and Annuity Association of America.

The ETF AI analyst currently has a price target of $35 on NSCR, suggesting over 15% upside. The fund’s current Outperform rating is carried by strong results from key holdings such as Nvidia (NVDA), Microsoft, and Broadcom.