Bitcoin trading in six-figure territory shows BTC is ready to carry gold’s ‘baton’ — Fidelity exec
Fidelity’s Jurrien Timmer says Bitcoin’s rally back to six-figure territory strengthens its store-of-value status, making it comparable to investing in gold.
Key takeaways:
Bitcoin’s Sharpe ratio converges with gold’s, indicating similar risk-adjusted returns, supporting its store-of-value role.
Gold outperformed Bitcoin in Q1 2025 with a 30.33% price gain versus Bitcoin’s 3.84%, driven by economic uncertainty.
