2026-01-20 07:26:42

Bitcoin fell below $92,000 within 5 days, a decline of 6%. Meanwhile, gold rose against the trend by 1.7%.

After Trump announced tariffs on 8 European countries, a rush of safe-haven funds poured in. Gold surged in response, while BTC plummeted. Those who were long and got liquidated while shouting "BTC is digital gold" were left stunned.

In recent years, this narrative has been quite popular—geopolitical tensions and rising economic uncertainty should drive BTC to safe-haven status. Reality has given the market a loud slap.

The data is clear: gold outperformed BTC significantly. This time, the market spoke with price action. Those betting that geopolitical risks would trigger safe-haven buying paid a tuition fee.

BTC-2,88%

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DegenRecoveryGroup

· 8h ago

Here we go again, this time BTC has really been slapped in the face. The term "digital gold" should take a break. I said it before, in critical moments, gold is still reliable. BTC is just a risk asset. A 6% drop—how many people got liquidated? This is the real market lesson. Geopolitical risks come, but the market drops instead? That logic really doesn't hold up. Getting cut pretty badly. Even gold didn't plunge like this; BTC's recent performance is indeed embarrassing. So when will people stop hyping the "hedge" narrative? Data doesn't lie. This round of tuition fees was a bit expensive, and someone is about to cry. BTC's safe-haven attribute is just a joke. Wake up, everyone.

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0xSunnyDay

· 8h ago

Here we go again with this set, I'm already tired of it. Digital gold? Laughable, it always drops the ball at critical moments. What's going on here?

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GweiObserver

· 8h ago

Laughing out loud, another dream of "digital gold" has been shattered haha

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BoredRiceBall

· 8h ago

Ha, "Digital Gold" has crashed again and again Missing out and getting liquidated at the same time, this wave is really tense Getting slapped in the face by reality, can it still be comfortable? No The key is, there are clear data right there, yet they still insist on betting that BTC can be a safe haven? This mindset is truly unmatched Gold is steadily rising, and the crypto circle is probably starting to shift the blame again

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RektRecorder

· 8h ago

Digital gold? Laugh out loud, gold is still the real deal.

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SelfRugger

· 8h ago

Digital gold? Haha, laugh out loud, this is its true nature.

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BridgeNomad

· 9h ago

ngl the "digital gold" narrative just got absolutely wrecked... watching btc dump while gold pumps is giving serious bridge exploit postmortem vibes. except this time the vulnerability was our own trust assumptions lol. maybe the real counter-party risk was the conviction we made along the way

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