隨著地緣政治緊張局勢推動投資者邁向傳統的安全資產，比特幣在2025年努力匹配Gold在2025年的表現

在2025年，比特幣發現與黃金保持同步，因為地緣政治不穩定和對特朗普的貿易政策的影響促使投資者推向了更傳統的避風港資產。

Bitcoin has struggled to match gold’s performance in 2025 as geopolitical tensions and the repercussions of Trump’s trade policies push investors towards more traditional safe-haven assets, with gold surging significantly.

隨著地緣政治緊張局勢和對特朗普的貿易政策的影響，比特幣一直在努力與戈爾德在2025年的表現相匹配，這將投資者推向了更傳統的避風港資產，金牌飆升。

In 2025, Bitcoin has found it challenging to keep pace with gold, as geopolitical instability and the repercussions of Trump’s trade policies push investors towards more traditional safe-haven assets.

在2025年，比特幣發現與黃金保持同步，因為地緣政治不穩定和對特朗普的貿易政策的影響促使投資者推向了更傳統的避風港資產。

Gold has significantly outperformed Bitcoin this year. While Bitcoin excelled against most asset classes last year, it is currently lagging behind gold as investors seek stability amidst increasing geopolitical tensions. A recent Bloomberg report highlights that the ongoing U.S.-China trade war, along with tariff threats and Trump’s foreign policy remarks, have catalysed a rally in gold prices, propelling them to a record $2,882 per ounce. Year-to-date, gold has surged by 9%, whereas Bitcoin has managed only a modest gain of 3%, remaining 10% below its peak.

今年黃金的表現明顯優於比特幣。儘管比特幣去年對大多數資產類別都表現出色，但由於投資者在增加地緣政治緊張局勢中尋求穩定，目前卻落後於黃金。彭博社最近的一份報告強調，正在進行的美國 - 中國貿易戰以及關稅威脅和特朗普的外交政策言論，已經催化了黃金價格的集會，使他們達到了創紀錄的每盎司2,882美元。年初至今，黃金飆升了9％，而比特幣僅管理3％的適度收益，剩餘10％以下。

Despite Bitcoin’s inherent scarcity, it has struggled to function as a reliable store-of-value asset. Unlike gold, which tends to thrive during periods of economic uncertainty, Bitcoin’s price movements have remained closely tied to the performance of tech stocks. Aoifinn Devitt, a senior investment advisor at Moneta Group LLC, noted that Bitcoin continues to be viewed as a risk-on asset rather than a genuine hedge against fiat currencies. “In time, it will develop characteristics distinct from market movements, but at present, it behaves as the riskiest of risk-on assets,” she explained.

儘管比特幣固有的稀缺性，但它仍在努力充當可靠的價值存儲資產。與黃金傾向於在經濟不確定性時期蓬勃發展的黃金不同，比特幣的價格變動與科技股的表現密切相關。 Moneta Group LLC的高級投資顧問Aoifinn Devitt指出，比特幣繼續被視為風險資產，而不是針對法定貨幣的真正對沖。她解釋說：“隨著時間的流逝，它將開發出不同於市場發展的特徵，但目前，它的行為是風險最高的資產。”

Nevertheless, Bitcoin advocates maintain a sense of optimism. Paul Howard, Senior Director at Wincent, argues that the introduction of spot Bitcoin ETFs could help stabilise price fluctuations. He believes this development may enable Bitcoin to gradually evolve into a true store of value, akin to gold, over the long term.

然而，比特幣擁護者保持樂觀感。 Wincent的高級總監保羅·霍華德（Paul Howard）認為，引入比特幣ETF可以幫助穩定價格波動。他認為，從長遠來看，這種發展可能使比特幣逐漸發展成為類似於黃金的真正價值存儲。