随着地缘政治紧张局势推动投资者迈向传统的安全资产，比特币在2025年努力匹配Gold在2025年的表现

在2025年，比特币发现与黄金保持同步，因为地缘政治不稳定和对特朗普的贸易政策的影响促使投资者推向了更传统的避风港资产。

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.

随着地缘政治紧张局势和对特朗普的贸易政策的影响，比特币一直在努力与戈尔德在2025年的表现相匹配，这将投资者推向了更传统的避风港资产，金牌飙升。

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，比特币发现与黄金保持同步，因为地缘政治不稳定和对特朗普的贸易政策的影响促使投资者推向了更传统的避风港资产。

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.

今年黄金的表现明显优于比特币。尽管比特币去年对大多数资产类别都表现出色，但由于投资者在增加地缘政治紧张局势中寻求稳定，目前却落后于黄金。彭博社最近的一份报告强调，正在进行的美国 - 中国贸易战以及关税威胁和特朗普的外交政策言论，已经催化了黄金价格的集会，使他们达到了创纪录的每盎司2,882美元。年初至今，黄金飙升了9％，而比特币仅管理3％的适度收益，剩余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.

尽管比特币固有的稀缺性，但它仍在努力充当可靠的价值存储资产。与黄金倾向于在经济不确定性时期蓬勃发展的黄金不同，比特币的价格变动与科技股的表现密切相关。 Moneta Group LLC的高级投资顾问Aoifinn Devitt指出，比特币继续被视为风险资产，而不是针对法定货币的真正对冲。她解释说：“随着时间的流逝，它将开发出不同于市场发展的特征，但目前，它的行为是风险最高的资产。”

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，比特币拥护者保持乐观感。 Wincent的高级总监保罗·霍华德（Paul Howard）认为，引入比特币ETF可以帮助稳定价格波动。他认为，从长远来看，这种发展可能使比特币逐渐发展成为类似于黄金的真正价值存储。