最新报道:Gold has surged 38% year-to-date in 2025, outperforming Bitcoin's 23% gain, though Bitcoin has historically delivered stronger returns over its lifespan. When adjusted for M2 money supply growth, gold remains below its 2011 peak and near 1975 levels, while Bitcoin has reached new all-time highs relative to M2 in each bull cycle, including last month. This contrast underscores gold's role as a stable portfolio hedge versus Bitcoin's dynamic response to monetary expansion.