#BTC #GOLD Jurrien Timmer, Director of Global Macro at Fidelity, highlighted a notable shift in the investment landscape: Bitcoin appears poised to assume the role traditionally held by gold as a store of value. Timmer observed that while gold currently boasts a Sharpe ratio of 1.33, indicating robust risk-adjusted returns, Bitcoin’s Sharpe ratio stands at -0.40, reflecting recent underperformance relative to risk-free assets. Despite this, he anticipates that Bitcoin may soon overtake gold in performance, driven by its digital nature and increasing institutional adoption.

Timmer suggests that investors consider both assets as complementary components of a diversified portfolio, recommending a 4:1 allocation favoring gold. He characterizes Bitcoin as a dual-natured asset—serving both as “hard money” and a speculative investment—making it particularly relevant amid current macroeconomic uncertainties.

As of May 3, 2025, Bitcoin is trading at approximately $96,421, with a market capitalization of around $1.91 trillion . In contrast, gold is priced at about $3,240.72 per ounce, contributing to a total market capitalization exceeding $20 trillion .  

Question for the Community:

Do you believe Bitcoin will surpass gold as the preferred store of value in the coming years? Share your thoughts on the future of these assets.