MEXC COO Tracy Jin has shared insights on Bitcoin’s recent performance. While Bitcoin surpassed one kilogram of gold in value recently, indicating a potential shift in investor preferences, Jin emphasized that gold continues to be favored as a safe haven asset in the volatile economy. 💰📈
Jin revealed that Bitcoin traded above $106,000 on May 19th, exceeding one kilogram of gold’s worth. Despite this record-breaking high, Jin pointed out that the global economic instability favors traditional safe-haven assets like gold. 💪
According to Jin, gold has shown a strong performance in 2025, rising by 23% compared to Bitcoin’s 12%. This divergence highlights the continued preference for gold as a preferred hedge against uncertainty.