Bitcoin’s Quest for ‘Digital Gold’ Faces Reality Check in 2025

Despite surpassing $4,500 in late 2024 and achieving record highs, Bitcoin still struggles to achieve its ‘digital gold’ status. While ETFs grew in size, reaching a value of $162 billion by November 2025, the cryptocurrency remains volatile and lacks the stability and trust associated with traditional gold investments. In contrast, the gold market continues to thrive, boasting $325 billion in assets under management as central banks bolster their gold reserves in response to economic uncertainty.