TechFlow news, December 28 — According to Yahoo Finance, gold and silver prices broke historical records again this week, demonstrating the strong momentum of precious metals. However, this has further burdened cryptocurrency investors. Bitcoin, once regarded as "digital gold," has declined by 6.25% this year after hitting an all-time high earlier. Ethereum has also dropped by 12%. Market sentiment across the cryptocurrency sector is extremely weak, dragging down share prices of publicly traded crypto asset management firms.
Louis Navellier, founder of investment advisory firm Navellier & Associates, pointed out that given gold prices have surged nearly 70% in 2025 while most cryptocurrencies continue to fall, it may be time for crypto investors to shift toward gold. He emphasized gold's advantages, including central bank purchases, lower volatility, and improved liquidity. Meanwhile, well-known investor Peter Schiff posted on X, stating that if Bitcoin does not rise when tech stocks go up, and also fails to rise when gold and silver increase, then it may never rise at all.
