“For a cohort of investors once convinced that computer code was superior to shiny metal, the recent stretch of greenback weakness has been a definitive wake-up call: Bitcoin failed to act as a macro hedge just as the so-called ‘debasement’ trade was back in vogue.”
David Pan, Crypto & Blockchain Companies Reporter · Bitcoin since: -9%
As published by Bloomberg
Crypto’s ‘Digital Gold’ Myth Exposed As Traders Pivot To Metals ↗
A little perspective.
Bitcoin on that day$84,562January 29, 2026
$100 at that price$90.97At our latest price check
Illustrative value using a Bitcoin price of $76,926, checked Oct 30, 2026, 1:40 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “Crypto’s ‘Digital Gold’ Myth Exposed As Traders Pivot To Metals” — David Pan, Bloomberg, January 29, 2026. Bitcoin: $84,561.59. https://bitcoindeaths.com/posts/2026-01-29-cryptos-digital-gold-myth-exposed-as-traders-pivot-to-metals