The recent market trends are quite interesting. Gold prices unprecedentedly surged past $4,500 per ounce, with the market generally expecting a 71% increase by 2025. Just in this year alone, the market capitalization of gold has increased by nearly $13 trillion—this number is worth pondering.

Silver is not to be outdone, having just broken through the $72 mark, with an even more aggressive predicted increase of 148%. It has now become the third-largest asset globally. Over on the US stock side, things are even more exaggerated; the S&P 500 just hit a record high daily closing price, rebounding 43% from the crash low in April 2025.

But what about Bitcoin? The story is different. From its October all-time high, it has fallen by 30%. If we count from the beginning of 2025 until now, it has dropped 13%. What’s more heartbreaking is that with the fourth quarter almost over, this might be the worst Q4 in nearly 7 years.

The irony is that while traditional assets like gold, silver, and stocks have soared for months and hit new records, Bitcoin has only been holding onto its support levels with difficulty. This contrast is truly intriguing—while others’ assets are surging and turning the world upside down in 2025, it remains stagnant or even regresses.