Bitcoin Price Is Falling. Why the 'Digital Gold' Is Failing to Keep Up With the Precious Metal. -- Barrons.com

Dow Jones

01/23

By Alex Kozul-Wright

Cryptocurrencies have yo-yoed this week but were down again Friday. Initially, the threat of U.S. tariffs on European countries over Greenland triggered a risk-off move in digital assets earlier in the week. But after Trump pulled back from the brink, they rose.

Now they're falling again. Bitcoin was down 0.4% to $89,471 in early trading Friday. Meanwhile, Ethereum dropped by 2.1% to $2,940.2 and XRP tumbled 2.5% to $1.91.

Elsewhere, gold hit new highs today and is trading a touch below $5,000. The contrast brings into question Bitcoin's "digital gold" moniker.

Over the past week, amid growing tensions between the Trump administration and NATO, Bitcoin has fallen nearly 10% while gold has rallied by 7%.

Gold also outperformed Bitcoin last year, despite the yellow metal being the supposedly less speculative asset.

Looking ahead, investors seem to be favoring the more traditional safe-haven option and that's underpinning gold's near-term appeal over crypto.

Write to Alex Kozul-Wright at alexander.kozul-wright@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

January 23, 2026 04:01 ET (09:01 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Why the 'Digital Gold' Is Failing to Keep Up With the Precious Metal. -- Barrons.com\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2026-01-23 17:01</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Alex Kozul-Wright \n</p>\n<p>\n  Cryptocurrencies have yo-yoed this week but were down again Friday. Initially, the threat of U.S. tariffs on European countries over Greenland triggered a risk-off move in digital assets earlier in the week. But after Trump pulled back from the brink, they rose. \n</p>\n<p>\n  Now they're falling again. Bitcoin was down 0.4% to $89,471 in early trading Friday. Meanwhile, Ethereum dropped by 2.1% to $2,940.2 and XRP tumbled 2.5% to $1.91. \n</p>\n<p>\n  Elsewhere, gold hit new highs today and is trading a touch below $5,000. The contrast brings into question Bitcoin's \"digital gold\" moniker. \n</p>\n<p>\n  Over the past week, amid growing tensions between the Trump administration and NATO, Bitcoin has fallen nearly 10% while gold has rallied by 7%. \n</p>\n<p>\n  Gold also outperformed Bitcoin last year, despite the yellow metal being the supposedly less speculative asset. \n</p>\n<p>\n  Looking ahead, investors seem to be favoring the more traditional safe-haven option and that's underpinning gold's near-term appeal over crypto. \n</p>\n<p>\n  Write to Alex Kozul-Wright at alexander.kozul-wright@barrons.com \n</p>\n<p>\n   This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 23, 2026 04:01 ET (09:01 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BITX","symbol_name":"2倍比特幣期貨ETF-Volatility Shares","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2605478234","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2605478234","pubTimestamp":1769158860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Cryptocurrencies have yo-yoed this week but were down again Friday. Initially, the threat of U.S. tariffs on European countries over Greenland triggered a risk-off move in digital assets earlier in the week. But after Trump pulled back from the brink, they rose.Now they're falling again. Bitcoin was down 0.4% to $89,471 in early trading Friday. Meanwhile, Ethereum dropped by 2.1% to $2,940.2 and XRP tumbled 2.5% to $1.91.Elsewhere, gold hit new highs today and is trading a touch below $5,000. 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Initially, the threat of U.S. tariffs on European countries over Greenland triggered a risk-off move in digital assets earlier in the week. But after Trump pulled back from the brink, they rose. \n\n\n  Now they're falling again. Bitcoin was down 0.4% to $89,471 in early trading Friday. Meanwhile, Ethereum dropped by 2.1% to $2,940.2 and XRP tumbled 2.5% to $1.91. \n\n\n  Elsewhere, gold hit new highs today and is trading a touch below $5,000. The contrast brings into question Bitcoin's \"digital gold\" moniker. \n\n\n  Over the past week, amid growing tensions between the Trump administration and NATO, Bitcoin has fallen nearly 10% while gold has rallied by 7%. \n\n\n  Gold also outperformed Bitcoin last year, despite the yellow metal being the supposedly less speculative asset. \n\n\n  Looking ahead, investors seem to be favoring the more traditional safe-haven option and that's underpinning gold's near-term appeal over crypto. \n\n\n  Write to Alex Kozul-Wright at alexander.kozul-wright@barrons.com \n\n\n   This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 23, 2026 04:01 ET (09:01 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}