Gold Beat Bitcoin, Oil Crashed, But Smart Money Kept Buying Crypto
Gold surged, oil slumped, and Bitcoin stalled in 2025. At the same time, corporate treasuries quietly bought tens of billions of dollars’ worth of crypto. Together, these moves explain how tariffs, liquidity, and institutional behavior reshaped markets entering 2026.
Data from CoinGecko shows a year of sharp contrasts. Gold rose 62.6%, oil fell 21.5%, and Bitcoin ended down 6.4%. Yet Digital Asset Treasury Companies (DATs) deployed nearly $50 billion into Bitcoin and Ethereum, taking control of more than 5% of the total supply.
Gold’s outperformance aligned with a tariff-heavy environment. Trade barriers increase uncertainty, weaken confidence…
