Gold experienced a historic correction on October 21, marking its steepest one-day decline in over 12 years, just days after hitting a new all-time high of $4,381 per ounce. The precious metal plunged over 6% on Tuesday, with its market capitalization estimated to have fallen by $2.1 trillion in a single day, according to trader Peter Brandt.
Simultaneously, Bitcoin (BTC) has been gaining momentum, trading at $108,491 and showing a slight rally. This inverse relationship has prompted analysts like Ash Crypto and Anthony Pompliano to speculate that a "great rotation" of capital out of traditional safe-haven assets like gold and into Bitcoin has begun.
Market analysts are pointing to several factors supporting this shift:
While the structural shift is still in its early stages, the sharply diverging price action heavily favors Bitcoin, potentially marking a pivotal moment in the rivalry between the two assets.
October 2025, Cryptoniteuae