Tether has moved 27 tons of gold—roughly $150 million worth—into the crypto market as gold rallies back above $5,000, supplying buyers with physical-backed liquidity. The action signals rising risk-off demand and active reserve management by the stablecoin issuer.
After a softer CPI print lifted Bitcoin, gold advocate Peter Schiff mocked the rally and declared Bitcoin “a zero” in response to a viral post praising its rules-based design. His barb revived a familiar clash between crypto and gold camps.
Bitcoin slipped after China told banks to reduce U.S. Treasury holdings, a signal of broader risk-off positioning as authorities increase gold purchases. The shift pressured risk assets and raised the prospect of heightened crypto volatility.
Bitwise’s Head of Europe argued that gold cushions portfolios during market downturns while Bitcoin can enhance returns in recoveries, framing the two assets as complementary. The view underscores a growing conversation about blending traditional and crypto assets for risk-adjusted gains.
Tether is investing $150 million in Gold.com to expand tokenized gold sales and enable customers to buy physical bullion using its stablecoins, including USDT and XAUT. The partnership aims to broaden global access to digital gold and integrate with existing tokens like PAXG.
JPMorgan's analysts released an unexpectedly bullish report on Feb 5, 2026, positioning Bitcoin ahead of gold as the preferred store-of-value. The call from a major bank could influence institutional flows and investor sentiment.
Pantera Capital founder Dan Morehead told a panel at the Ondo Summit in New York that Bitcoin is poised to 'massively outperform' gold over the next decade. Tom Lee added that crypto is becoming an 'invisible but integral' part of everyday life.
Rich Dad Poor Dad author Robert Kiyosaki said on X he plans to accumulate more bitcoin after the recent crash and is also increasing gold and silver holdings as long-term hedges.
American financier Anthony Scaramucci urged Bitcoin holders to “get ready” after BTC climbed more than 10% versus gold earlier today, signaling a notable shift in relative performance between the two stores of value.
Silver plunged about 15% and gold fell roughly 7% on Friday, sparking a worldwide sell-off in mining stocks and funds tied to the metals. The rout drove heavy trading, redemptions and sharp declines across ETFs and miner equities.