Bitcoin Surpasses 1kg of Gold, But Gold Remains Safe Haven King – MEXC COO
On May 19, 2025, in an exclusive with crypto.news, MEXC Chief Operating Officer Tracy Jin provided insight into the rivalry between Bitcoin and gold amid a volatile global economy. While Bitcoin has officially surpassed the value of a kilogram of gold, gold remains a top safe haven among institutional investors.
Bitcoin Surpasses $106,000 – Higher Than 1kg of Gold
According to market data, on May 19, Bitcoin (BTC) was trading above $106,000, with an intraday high of $107,089. This is a significant milestone, surpassing the value of 1kg of gold – currently hovering around $105,000. However, according to Tracy Jin, this does not mean that Bitcoin has replaced gold as a safe haven asset.
“Since the beginning of 2025, gold has increased by 23%, surpassing Bitcoin’s 12% increase. In the current macroeconomic uncertainty, institutional capital still favors gold as a first-line hedge,” – Tracy Jin shared.
Gold continues to dominate in times of uncertainty
Despite Bitcoin’s positive growth performance, gold is still the name that large investors trust more. While central banks remain cautious, many financial institutions such as UBS have noted a shift from USD to gold and cryptocurrencies as a capital preservation strategy.
Bitcoin – More growth potential in the future
Despite gold’s dominance, Jin emphasized that this does not overshadow Bitcoin’s potential. On the contrary, the recovery and growing interest from retail and institutional investors are paving the way for a breakout phase for the digital asset.
“Bitcoin has maintained its growth momentum for six consecutive weeks, currently consolidating around the $106,500 mark. The $105,800 mark is a key resistance zone. If it breaks through this level, BTC could advance to $109,000, with optimistic forecasts of up to $130,000 in Q3 and potentially $150,000 by the end of the year,” said Tracy Jin.
Bitcoin and Gold – The Race of Two Safe Haven Assets
Currently, Bitcoin’s market capitalization is only around $2 trillion – still quite modest compared to gold’s $21 trillion. This means that Bitcoin still has a lot of room to grow, especially if it continues to be seen as an inflation hedge and decentralized asset.
While gold remains stable in its traditional role, Bitcoin is gradually shaping its new position as a digital safe haven in the technological age. The parallel between these two assets will continue to be the focus of global financial markets in the coming months.
