Ah, Tuesday-a day that shall be remembered as the grand finale of gold’s decade-long charm. The yellow temptress, so revered and yet so fickle, decided to play a little game of hide and seek, vanishing a staggering $2.1 trillion into the abyss. Truly, it’s one of those days that make you wonder if the sun also has a mischievous streak. 🌞💸
Gold dev just rugged
– wale.moca 🐳 (@waleswoosh) October 21, 2025
Meanwhile, our dear commodity trader Peter Brandt, a man of numbers and perhaps a touch of poetic despair, pointed out that this tragic tumble has taken more than half of what exists in the crypto cosmos-worth a cool $3.7 trillion-down with it. If only wealth were as fleeting as a politician’s promise. 🤡📉
In terms of market cap, this decline in Gold today is equal to 55% of the value of every cryptocurrency in existence #Gold @PeterSchiff ‘s pet rock lost $2.1 Trillion in value today
That is 2,102 billion $ worth– Peter Brandt (@PeterLBrandt) October 21, 2025
And just when you thought this was a story about greed and loss, enter Bitcoin-our brave digital knight-riding high, flirting with $104,000 and promising a glorious ascent since April. Alas, like Icarus, it soared only to be pulled back down by the frosty claw of old whales, leaving bulls clutching their digital pearls. 🐋🚀
Will Bitcoin flip gold? (Or just flip out?)
The gold rush was subtly stirred by Changpeng Zhao, Binance’s erstwhile captain, who casually dropped a prophecy like a hot potato: “One day, Bitcoin will outshine the yellow relic.” The crowd waits-some with bated breath, others with a snort of skepticism. As Galaxy’s noble Mike Novogratz suggests, perhaps this could be true by decade’s end-youngsters favoring Bitcoin as the “store of value,” like a modern-day alchemist’s dream. 💰✨
But hold your breath: despite the optimism, Bitcoin’s 27% drop against gold in 2023 is a sobering reminder that even heroes stumble. Such is the fate of the digital goldrush-earn your fortune, then watch it slip through your fingers like fine sand. 🏜️
Gold-to-Bitcoin: The Great Rotation or Just a Funk?
Ah, Anthony Pompliano-our new prophet-declared Tuesday’s events as the herald of the “great rotation” from gold to Bitcoin. Yet, if history has taught us anything, it’s that markets have a wicked sense of humor. Bitcoin, ever the diva, promptly dashed hopes, giving back its brief gains faster than a bad date. 💃💔
Peter Schiff, the ever-wise gold bug, suggests the rotation has already ended-just as Bitcoin nosedives below $110,000, now trading around $108,177-an elegant dance of dollars and dreams at CoinGecko. Perhaps wisdom lies in gold’s silent waiting, shrugging as Bitcoin’s hype fizzles out.
Meanwhile, Pompliano, ever the controversialist, faced the music after calling gold a “disastrous” investment-who knew that a tweet could cause such a fuss? It’s almost as if nobody enjoys a heated debate more than the digital age’s jesters. 🤡✨
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2025-10-22 09:46