The Bitcoin “hard asset” narrative is breaking as silver hits parabolic peaks without taking crypto along for the ride
Silver left the $50 range in late November and went parabolic into year-end, registering consecutive all-time highs and hitting $72 an ounce on Dec. 24. Gold made a similar run throughout 2025, reaching $4,524.30 the same day.
Bitcoin, however, traded at $87,498.12 as of press time, down roughly 8% for the year and 30% from its October peak of $126,000.
For anyone who spent 2024 calling Bitcoin “digital gold” and expecting it to ride the same hard asset wave as precious metals, 2025 delivered an uncomfortable lesson: the macro currents that lift gold and silver don’t automatically carry crypto along for the ride.
The silver spike matters for Bitcoin investors, but not as a direct trading trigger or a signal to rotate capital. It…
