Bitcoin Is Being Left Behind by Precious Metals This Year

This year, the global asset market has witnessed a notable reversal: precious metals have surged strongly, while Bitcoin – often regarded as "digital gold" – has lagged behind.
According to updated data, the price of platinum has increased by 74%, silver by 59%, palladium by 44%, and gold by 43% in less than a year. During the same period, Bitcoin has only increased by about 16%, much lower than traditional precious metals.
This development shows that large capital flows in the market are returning to seek safety and real value from tangible goods, rather than betting too heavily on digital assets. Gold and silver continue to hold their position as traditional "safe havens," while platinum and palladium benefit from industrial demand, especially in the fields of electric vehicle production and clean energy.
For Bitcoin, although it still plays an important role in the digital asset ecosystem, its modest performance compared to precious metals raises the question: do investors still regard BTC as a "hedge asset" against inflation, or do they only see it as a long-term speculative channel?
In the context of global economic instability, the breakout of precious metals may continue, while Bitcoin needs a stronger catalyst to reaffirm its position.