Safe Haven Rally: Will Bitcoin Join Gold and Silver?

Will Bitcoin Join the Gold and Silver Safe Haven Rally?

In the aftermath of what is widely considered the greatest crypto crash, gold and silver are staging one of their strongest rallies in years. They are quietly outperforming nearly every asset class in 2025, including the stock market, which remains near record highs. This surge comes amid the flock of investors to safe havens as they lose confidence in fiat currencies like the dollar. As investors hedge against rising deficits, monetary easing, and escalating geopolitical tensions, one question now dominates the crypto space: Will Bitcoin join the safe haven surge?

Gold and Silver Are Speaking- What Are They Warning About?

Amid the current government shutdown and uncertainty surrounding the Fed rate cut, investors are searching for more reliable assets. Traditionally, assets like gold and silver surge when markets are in panic, not when stocks are hitting all-time highs. Yet 2025 has flipped that script.

In a recent X post, The Kobeissi Letter shared insights into the current rally of gold and silver. They have sharply outperformed the S&P 500 in 2025. This signifies a growing loss of confidence in fiat. The commentator argued that safe havens rallying alongside risk assets suggests investors are no longer hedging against market volatility, but against monetary debasement.

While deficit spending and looming rate cuts amid stagflation are key drivers, they believe markets are also preparing for a costly AI arms race between the U.S. and China. With expectations of further money printing to fund this competition, the precious metals’ rise is viewed less as a gain in value and more as a reflection of weakening trust in traditional currencies.

Gold Leads the Rally, But Can Bitcoin Catch Up?

Bitcoin has long been positioned as “digital gold,” but its recent price action hasn’t yet mirrored the explosive rally seen in traditional safe havens. Although BTC hit a new all-time high of $125k recently, the crypto market crash pulled the price down, bringing it to a low of $105k.

However, the cryptocurrency has also been increasingly seen as a safe haven asset alongside the yellow and white metals. As the community loses trust in the dollar, they choose to invest in crypto and traditional metals. Standard Chartered’s Geoff Kendrick said,

“The shutdown matters this time around. During the previous Trump shutdown (22 Dec 2018 to 25 Jan 2019) Bitcoin was in a different place than now, so it did little. However, this year bitcoin has traded with ‘US government risks’ as best shown by its relationship to US treasury term premium."