Fed Chair Powell likens Bitcoin to Digital Gold

Comparison to Digital Gold: Fed Chair Jerome Powell likened Bitcoin to digital gold during the 2025 Jackson Hole Symposium, emphasizing its role as a speculative asset rather than a direct competitor to the U.S. dollar.

Surge in Institutional Interest: Powell's remarks led to significant institutional inflows into Bitcoin ETFs, reflecting a growing perception of Bitcoin as a store of value amidst global economic uncertainty.

Decoupling from Equities: Bitcoin has begun to decouple from traditional equity markets, gaining appeal as a safe-haven asset, which has resulted in a shift in liquidity towards Bitcoin and away from stocks.

Mainstream Acceptance: The "digital gold" narrative continues to shape Bitcoin's financial landscape, indicating increasing mainstream acceptance and potentially influencing investment strategies similar to traditional safe havens.