• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    Bitcoin Price Faces Potential Drop to $104K Post-Fed Cut

    Bitcoin Price Faces Potential Drop to $104K Post-Fed Cut

    Wallet 1F1neJ Moves 1,524 BTC From Exchanges

    Wallet 1F1neJ Moves 1,524 BTC From Exchanges

    Tristan Thompson Predicts Bitcoin Reaching $150,000 by 2025

    Tristan Thompson Predicts Bitcoin Reaching $150,000 by 2025

    Jiuzi Holdings Adopts $1B Crypto Strategy

    Jiuzi Holdings Announces $1B Crypto Treasury Initiative

    Hackers Auction Maryland Transit Data for Millions in Bitcoin

    Hackers Auction Maryland Transit Data for Millions in Bitcoin

    Trump Predicts Bitcoin Will Surpass Gold

    Trump Predicts Bitcoin Will Surpass Gold

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    SharpLink Gaming Tokenizes SBET on Ethereum Blockchain

    SharpLink to Tokenize Stock on Ethereum Blockchain

    Cloudflare Launches NET Dollar Stablecoin

    Cloudflare Introduces NET Dollar Stablecoin for AI Web Transactions

    Cloudflare Launches NET Dollar Stablecoin for AI-Driven Internet

    Cloudflare Launches NET Dollar for Cross-Network Payments

    SharpLink Gaming to Tokenize Equity Shares on Ethereum

    SharpLink Partners with Superstate for Ethereum Tokenized Shares

    HBAR Elliott Wave Signals Potential Price Surge

    HBAR Elliott Wave Signals Potential Price Surge

    Crypto Trader Forecasts Hyperliquid's Decline Amid ASTER Token Surge

    Crypto Trader Forecasts Hyperliquid’s Decline Amid ASTER Token Surge

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Jerome Powell Labels Bitcoin as ‘Digital Gold’

Solomon M. by Solomon M.
September 4, 2025
in Bitcoin News
Jerome Powell Labels Bitcoin as "Digital Gold"

Jerome Powell Labels Bitcoin as "Digital Gold"

Key Points:
  • Bitcoin labeled as “digital gold,” impacting its market perception.
  • Institutional inflows into Bitcoin ETFs surge.
  • Bitcoin gains traction as a gold alternative, affecting traditional portfolios.
jerome-powell-labels-bitcoin-as-digital-gold
Jerome Powell Labels Bitcoin as “Digital Gold”

Jerome Powell declared Bitcoin as “digital gold” during the 2025 Jackson Hole Symposium, positioning it as a speculative asset competing with gold.

MAGA

Powell’s statement spurred institutional inflows into Bitcoin ETFs, affecting market sentiment and promoting Bitcoin as a store of value asset rather than a payment method.

Jerome Powell, Chair of the US Federal Reserve, recently stated that “Bitcoin is digital gold.” This comment came during the 2025 Jackson Hole Symposium. Powell’s remark underscores Bitcoin’s evolving role as a speculative asset comparable to gold.

Bitcoin as a Virtual Competitor to Gold

Powell highlighted Bitcoin’s status as a virtual competitor to gold, not the dollar. His statement indicates a shift in perception, positioning Bitcoin as an alternative store of value. The declaration resonated across official Federal Reserve communications and market analyses. Powell said, “It’s just like gold, only it’s virtual. People are not using it as a form of payment or as a store of value. It’s highly volatile. It’s not a competitor for the dollar, it’s really a competitor for gold.” source.

Impact on Financial Markets

The declaration provoked notable impacts on financial markets, especially institutional investors. Institutional inflows into Bitcoin ETFs rose significantly, as portfolios adjusted to increase exposure to Bitcoin. This reflects a growing trust in Bitcoin as a safe-haven asset.

Decoupling from Traditional Equities

Market analysts observed a visible Bitcoin decoupling from traditional equity flows, reinforcing its stance as digital gold rather than a currency. Comments from key opinion leaders raised questions about Bitcoin’s and gold’s speculative nature, further driving discussions on their roles. Jeroen Blokland, founder of Blockland Smart Multi-Asset Fund, questioned whether Powell regards gold as just a speculative asset, suggesting skepticism about this view.

Historical Trends and Market Integration

Historical trends indicate Bitcoin’s occasional resemblance to gold during market stresses. However, unlike previous cycles, Bitcoin’s deeper integration into markets in 2025 has amplified its narrative as digital gold. This has been facilitated by the advent of Bitcoin ETFs.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Trump Family Enters Competitive Bitcoin Mining Space

Next Post

Ripple and SWIFT Debate Over XRP Settlement Role

Solomon M.

Solomon M.

Related Posts

Bitcoin Price Faces Potential Drop to $104K Post-Fed Cut

Bitcoin Price Faces Potential Drop to $104K Post-Fed Cut

by Solomon M.
September 25, 2025

Bitcoin price could dip to $104K due to Fed rate cut, sparking volatility concerns.

Wallet 1F1neJ Moves 1,524 BTC From Exchanges

Wallet 1F1neJ Moves 1,524 BTC From Exchanges

by Solomon M.
September 25, 2025

A new wallet, 1F1neJ, withdraws 1,524 BTC from exchanges, currently valued at $171 million.

Tristan Thompson Predicts Bitcoin Reaching $150,000 by 2025

Tristan Thompson Predicts Bitcoin Reaching $150,000 by 2025

by Solomon M.
September 25, 2025

NBA star Tristan Thompson forecasts Bitcoin hitting $150,000 by 2025, citing institutional adoption and macroeconomic trends.

Jiuzi Holdings Adopts $1B Crypto Strategy

Jiuzi Holdings Announces $1B Crypto Treasury Initiative

by Joshua T.
September 25, 2025

China's Jiuzi Holdings reveals a $1B crypto strategy focusing on Bitcoin, Ethereum, and BNB.

Hackers Auction Maryland Transit Data for Millions in Bitcoin

Hackers Auction Maryland Transit Data for Millions in Bitcoin

by Solomon M.
September 25, 2025

Hackers auction Maryland Transit Administration data for $3.4 million in Bitcoin amid ongoing investigation.

Trump Predicts Bitcoin Will Surpass Gold

Trump Predicts Bitcoin Will Surpass Gold

by Solomon M.
September 25, 2025

President Trump asserts Bitcoin's potential to overtake gold, amid new U.S. policies.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.