The Bitcoin “hard asset” narrative is breaking as silver hits parabolic peaks without taking crypto along for the ride
The post The Bitcoin “hard asset” narrative is breaking as silver hits parabolic peaks without taking crypto along for the ride appeared on BitcoinEthereumNews.com.
Silver left the $50 range in late November and went parabolic into year-end, registering consecutive all-time highs and hitting $72 an ounce on Dec. 24. Gold made a similar run throughout 2025, reaching $4,524.30 the same day. Bitcoin, however, traded at $87,498.12 as of press time, down roughly 8% for the year and 30% from its October peak of $126,000. For anyone who spent 2024 calling Bitcoin “digital gold” and expecting it to ride the same hard asset wave as precious metals, 2025 delivered an uncomfortable lesson: the macro currents that lift gold and silver don’t automatically carry crypto along for the ride. The silver spike matters for Bitcoin investors, but not as a direct trading trigger or a signal to rotate capital. It matters as a macro barometer, a sort of weather report showing which way the wind is blowing and who’s capturing the safe-haven bid. What it reveals is a market willing to pay up for scarce, non-yielding assets when the narrative is trusted, but choosing tangible hedges over digital ones when geopolitical stress and rate cut expectations converge. That combination isn’t inherently bearish for Bitcoin. It just means Bitcoin’s moment hasn’t arrived yet, and understanding why requires unpacking what’s driving metals, what’s holding Bitcoin back, and whether the two trades will eventually converge. Hard asset regime leaves Bitcoin behind Silver’s 143% rally in 2025 marked its strongest run on record, and gold’s roughly 70% gain brought it to repeated all-time highs. Both moves came alongside a weaker dollar, expectations of Fed rate cuts in 2026, and rising geopolitical risk, the exact macro setup that Bitcoin advocates have long argued should send BTC higher. Instead, Bitcoin spent most of the year consolidating or selling off, failing to sustain momentum despite record spot ETF inflows and a friendlier US…
Filed under: News - @ December 25, 2025 9:18 pm