Bitcoin as Store-of-Value
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Bitcoin, often called “digital gold,” continues to mirror gold’s store-of-value characteristics. Yet, its market cap (~$2.2T) is smaller than gold’s (~$2.9T), making BTC more volatile to large market moves.
Despite a recent 8.8% pullback in Bitcoin’s price after last Friday’s crypto crash, analysts see BTC’s resilience relative to other altcoins as a sign that institutional adoption and long-term trends remain intact.