As of late 2025, Bitcoin and gold have delivered nearly identical returns over a two-year period, despite following different price trajectories. Gold experienced significant volatility with sharp price swings, while Bitcoin showed a steadier increase, particularly in the latter half of the year. Despite this, gold has outperformed Bitcoin by 79% year-to-date in 2025. Analyst Peter Schiff has cautioned that the recent crypto rally might be nearing its end.