TechFlow news, August 31 — According to CoinDesk, André Dragosch, Head of European Research at Bitwise Asset Management, said investors do not need to choose between gold and bitcoin, as both should serve distinct hedging roles within a portfolio. He pointed out:
- Gold is better suited as a hedge against stock market declines
- Bitcoin demonstrates stronger resilience when bond markets are under pressure
Data supports this view: year-to-date in 2025, gold has risen over 30% amid heightened stock market volatility, while bitcoin has maintained a 16.46% gain under bond market stress.
Dragosch advised that, given the two assets' ability to hedge different risks, a prudent investment strategy is to hold both rather than completely abandoning either one.




