Gold Adds Value Equivalent to Bitcoin’s Market Cap in a Single Day, Crypto Market Falling Behind?
Jakarta, January 30, 2026 – Pintu News
The global market witnessed a stunning rally in gold prices as the precious metal added value nearly equivalent to the entire market capitalization of Bitcoin within just one day. This surge occurred while the cryptocurrency market displayed relatively weak performance, reigniting debates about Bitcoin’s role as a safe-haven asset amid ongoing global economic uncertainties.
Gold’s Record-Breaking Rally and Market Cap Explosion
Gold prices surged approximately 4.4% within 24 hours, breaking through the $5,500 per troy ounce mark—equivalent to around Rp92.38 million. This sharp increase pushed gold’s market capitalization up by about $1.5 trillion (approximately Rp25,195 trillion) in a single trading day, according to data from Infinite Market Cap. Gold’s total market value now approaches $34 trillion or approximately Rp571,098 trillion.
To put this into perspective, the daily increase in gold’s market value nearly matches the total market capitalization of Bitcoin, which currently hovers around $1.75 trillion, or about Rp29,395 trillion. This comparison highlights the overwhelming dominance of gold in global markets, underscoring how, in just one day, gold added market value comparable to the entire worth of Bitcoin. This phenomenon reinforces gold’s status as the primary asset for shielding against inflationary pressures and geopolitical risks.
Bitcoin Stalls, Safe Haven Narrative Questioned
While gold soared, Bitcoin faced selling pressure and traded weaker. Since early October, Bitcoin’s price movements have remained relatively stagnant following a major crypto market crash. The downturn triggered liquidations exceeding $19 billion (approximately Rp319.14 trillion), stalling any momentum for a full recovery in Bitcoin’s price.
Before the October correction, many investors believed Bitcoin and gold would both benefit from the so-called “debasement trade” — rooted in concerns about expansive monetary policies and global fiscal indiscipline. However, five-year performance data tells a different story. Over that period, gold’s price rose approximately 185.3%, outpacing Bitcoin’s 164% gain.
Institutional Optimism Contrasts Market Sentiment
Despite Bitcoin’s short-term underperformance, institutional investors remain optimistic about its long-term potential. A Coinbase survey revealed that 71% of institutional participants consider Bitcoin undervalued at price levels between $85,000 and $95,000. Furthermore, around 80% of respondents said they would hold or even increase their Bitcoin positions if the crypto market experienced an additional 10% decline. This sentiment reflects a strong belief in cryptocurrency as a viable asset class over time.
Market sentiment metrics further highlight the contrasting investor confidence. The Crypto Fear & Greed Index currently stands at 26 out of 100, indicating a prevailing fear in the crypto market. Meanwhile, the Fear & Greed Index for gold is at an extreme greed level of 99 out of 100. This divergence illustrates how investor trust presently favors gold over digital assets.
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Disclaimer: This content is intended to enrich reader information. Pintu collects data from relevant sources and is independent of external influence. Past asset performance does not guarantee future results. Trading cryptocurrencies involves high risks and volatility; always conduct independent research and invest only what you can afford to lose. All crypto trading and investment activities remain the responsibility of the reader.
References:
- Cointelegraph. “Gold nearly adds Bitcoin’s entire market cap in a single day.” Accessed January 30, 2026.
- Infinite Market Cap Data
- Survey from Coinbase
- JM Bullion Market Data
Written by Kezia Marcellova
Featured Image: The Economic Times