Bitcoin trading in six-figure territory shows BTC is ready to carry gold’s ‘baton’ — Fidelity exec
Bitcoin's price remains above $100,000, with Fidelity's Jurrien Timmer suggesting it could regain its status as a leading store of value. Analysis indicates Bitcoin's Sharpe ratio is converging with gold's, making them comparable in risk-adjusted returns. Timmer recommends a 4:1 gold-to-Bitcoin allocation for hedging. In 2024, Bitcoin ETFs saw $35 billion in inflows, but Q1 2025 experienced a decline in ETF flows, while gold ETFs attracted more capital due to economic uncertainty. Gold gained 30.33% in 2025, compared to Bitcoin's 3.84%. Recent shifts in US trade policy and Federal Reserve stance have led to renewed Bitcoin ETF inflows. Bitcoin's high Sharpe ratio suggests potential for new all-time highs above $110,000. Analysts project Bitcoin could reach between $220,000 and $444,000 in 2025, driven by its relationship with gold.
