Gold Gains Over Bitcoin in 2026

Matrixport’s chart analysis highlights gold’s strengthening amid U.S. dollar weakness, as renewed central bank interest in gold outweighs Bitcoin’s appeal in global reserve allocations.

With Trump’s tariff pushes and central bank shifts, gold’s rise highlights Bitcoin’s struggle for wider acceptance in the official foreign exchange reserve framework.

Central Banks Boost Gold Reserves, Affecting Bitcoin

Matrixport’s chart analysis reveals that gold prices are rising amid renewed concerns about the weakening dollar. The increase is linked to central bank demand and tariffs.

Gold’s growing strength is attributed to central bank purchases, including significant transactions by the People’s Bank of China. This is affecting Bitcoin’s visibility in official reserves.

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Matrixport, All-in-One Crypto Financial Services Platform, – “Our analysis indicates gold is outperforming Bitcoin due to central bank demand divergence.”

Market responses highlight gold as a stable asset within existing reserve frameworks, contrasting with Bitcoin’s limited adoption owing to its volatility and lack of official support.

Gold Over Bitcoin: Historical and Market Insight

Did you know? The People’s Bank of China has been significantly increasing its gold holdings, impacting global demand and keeping gold prices elevated compared to digital currencies.

As of January 27, 2026, Bitcoin (BTC) is trading at $88,659.79 with a market cap of $1.77 trillion and a 59.10% market dominance. Recent data from CoinMarketCap indicates a 24-hour trading volume of $39.85 billion, reflecting an 8.11% decrease.

The Coincu research team suggests that gold’s preference as a reserve asset is likely to continue, especially as geopolitical factors such as tariffs and currency stability sustain. These factors further challenge Bitcoin’s role in global reserves.