According to MEXC COO Tracy Jin, Bitcoin is currently worth more than a kilogram of gold, but gold is excellent in this unstable economy.
Bitcoin (BTC) is worth more than a kilogram of gold, but many investors still support the latter. On Monday, May 19th, MEXC COO Tracy Jin shared insights about Crypto.news about Bitcoin’s relative performance.
Jin pointed out that Bitcoin is trading above $106,000. This is worth multiple gold. The largest cryptocurrency reached a daily high of $107,089 on May 19th. However, she added that the volatile macroeconomic environment still supports money.
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“Since the beginning of 2025, gold has risen 23%, surpassing Bitcoin’s 12% profit. This branch emphasizes its continued support for traditional safe seafarer assets during periods of increasing uncertainty.
Still, Gold’s strong performance could be a good thing for Bitcoin. This is because current macroeconomic imbalances support assets that are considered safe shelters. Furthermore, Bitcoin has more space to grow, Jin points out.
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Despite Gold’s relatively strong performance, Jin believes Bitcoin is in a good position to grow even further. Compared to traditional markets, Bitcoin has shown resilience, and investors are beginning to see it as a safe haven.
“Bitcoin has shown resilience, however. The assets have recorded six consecutive weeks of growth, closing nearly $106,500. The $105,800 level is a key zone of resistance.
In the long run, growth potential can still be important, especially when investors start using Bitcoin as a safe haven and as a hedge against inflation. For example, Jin pointed out that Bitcoin’s market capitalization is far below the gold medal, which is $2 trillion compared to $21 trillion.
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