Gold has been one of the highest performance assets in 2025, increasing 38% to date, exceeding the advance of Bitcoin23%. However, it is no secret that Bitcoin has done it very better than gold (And almost everything else) about its brief useful life.
A control of the two popular assets resistant to inflation against a broad measure of the US money supply (known as M2) It produces more information about your actions.
Adjusted for the growth of M2, gold, despite its strong career, remains below its 2011 peak and approximately the same level as in 1975. The maximum of all time for gold against M2 occurred in 1980.
Bitcoin tells a different story. Each Toro cycle has seen BTC reach a record versus M2, including last month when Bitcoin touched an absolute maximum of all time and a new relative to the maximum with the money supply.
This contrast could highlight the different roles of the two assets. Gold continues to serve as a long data hedge and a stabilizer in the wallets, while Bitcoin’s behavior shows how new forms of money can respond differently to an era of rapid monetary expansion.
