|
Gold Loses $2.5 Trillion, Raising Questions About Its Future ...
2025-10-23 12:29:11
Markets
Economy

Gold Loses $2.5 Trillion, Raising Questions About Its Future Value

Gold's recent plunge of $2.5 trillion in market capitalization underscores the volatility that can affect even traditionally stable assets. This historic drop has raised eyebrows, particularly as it eclipses the entire value of Bitcoin, which, although down 5.2%, remains resilient compared to the broader cryptocurrency market.

The recent sell-off was fueled by investor panic and external economic factors, such as tariffs on Chinese goods, leading to significant losses across various crypto assets. Despite these challenges, Binance co-founder Changpeng Zhao remains optimistic about Bitcoin's future, suggesting it could one day surpass gold in value.

This ongoing rivalry between gold and Bitcoin highlights the shifting landscape of investment preferences in turbulent economic times.

Related news on that topic:

Can Bitcoin's Rise to $110,000 Signal Gold's Decline?

Bitcoin's recent surge to $110,000 highlights a significant divergence from gold, which experienced a sharp 5.5% decline, marking its steepest drop in five years. Analysts note the volatility in both markets, with predictions of potential bearish trends for gold alongside Bitcoin's resilience. Binance co-founder Changpeng Zhao remains bullish, suggesting Bitcoin could eventually eclipse gold's $30 trillion market value, while others caution on the crypto's near-term performance. Amidst this backdrop, social media figure Andrew Tate anticipates a potential drop to $26,000 for Bitcoin, blaming excessive optimism among traders. The contrasting fortunes of gold and Bitcoin reflect broader economic uncertainties and shifting investor sentiments.

Gold and Silver Prices Plunge Amid Strong US Dollar Influence

Recent market activity has seen a significant decline in gold prices, reflecting the largest daily loss since 2013. This sharp drop of 6.4% can be attributed to the strengthening of the US dollar, which diminishes gold's appeal in foreign markets. Silver experienced a similar fate, plummeting 8.7%, marking its steepest decline in two years. The fall has negatively impacted Chinese gold producers, who saw their shares slump following a remarkable rally earlier in the year. Investors have begun to take profits, responding to the shifting economic landscape. While the decrease has been notable, experts anticipate continued volatility, suggesting that dips may attract buyers seeking opportunities in the precious metals market.

Read 2 more recent news on this topic

The press radar on this topic:

The Street
3. November 2025 um 09:04

Over $19 billion liquidated in worst crypto crash since COVID

A 100% tariff on Chinese goods announced by the White House triggered a massive sell-off in crypto markets, resulting in over $19.2 billion in liquidated leveraged positions, the largest single-day wipeout ever. Bitcoin plummeted more than 10%, while major altcoins like Ethereum, XRP, and Solana fell 15-16%. The intense sell-off overwhelmed trading platforms, causing system strain and outages on Binance and Coinbase exchanges.
The Street
23. Oktober 2025 um 06:08

Binance co-founder makes bold Bitcoin prediction

Binance co-founder Changpeng “CZ” Zhao has predicted that Bitcoin will eventually surpass the valuation of gold. This prediction comes as gold's market value reached a record high of $30 trillion, while Bitcoin's market cap stood at $2.2 trillion. Zhao has repeatedly expressed his long-term bullish outlook for Bitcoin, and has even taken jabs at gold and its advocates, including Peter Schiff.
The Street
24. Oktober 2025 um 20:51

Gold’s $2.5 trillion meltdown claims unexpected victim

Gold prices plummeted by 0.97% on October 22, wiping off nearly $2.5 trillion in market capitalization. Tokenized gold assets, such as Tether Gold (XAUt), PAX Gold (PAXG), and Kinesis Gold (KAU), also declined significantly, with VeraOne (VRO) being the worst-hit, falling over 7%. Meanwhile, the crypto market attempted to recover from a previous crash, but Bitcoin and Ethereum prices still fell by 0.5% and 0.7%, respectively.
Cointelegraph.com News
22. Oktober 2025 um 14:13

Gold’s worst dip in years wipes $2.5T: How does Bitcoin match up?

Gold's market cap suffered a $2.5 trillion dip, surpassing the entire value of Bitcoin, due to a massive sell-off sparked by investor panic and profit-taking. The 8% drop is gold's largest two-day decline since 2013, highlighting that even 'safe-haven' assets are vulnerable to volatility. Meanwhile, Bitcoin slipped 5.2% from its high but remains stable compared to the broader crypto market, which has plunged into 'Extreme Fear'.
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Spotlighting today's most mentioned stocks in the media. Uncover the stories making waves in the stock market:

A closer look at the individuals who are leading today's news narratives. Find out what makes them the center of attention.

Exploring the five locations receiving the most media attention in the last 24 hours. Discover what puts these places in the global spotlight

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!

News

All News
Politics
Technology
Economy
Business
Climate

About

About Us
Team + Mission

Legal

Cookie Settings
Disclaimer
Legal Notice
Data Privacy

Contact

Contact