In 2025 an epochal turning point in the financial markets is looming on the horizon: Bitcoin is destined to overcome gold As a refuge asset, at least according to JP Morgan’s predictions, one of the most authoritative business banks in the world.
Bitcoin is the new “digital” gold
Historically, gold was considered the good refuge par excellence, a “safe harbor” in times of geopolitical and economic uncertainty. But 2025 could mark the beginning of a symbolic and substantial overtaking: Bitcoin, considered “digital gold”is showing that it has an attractive attractive ability, especially in a context in which inflation, mistrust in currencies and technological innovation push investors to seek alternatives.
JP Morgan, in particular, provides that Bitcoin will overcome gold in the second half of the yearalso thanks to a phenomenon that is attracting a lot of attention: some American states are buying Bitcoin as a strategic reserve. An operation that, if extended to other public or institutional entities, could represent a powerful catalyst for its value and the consequent and increasing legitimacy.
This is because the interest by local American governments in holding Bitcoin as a strategic reserve has a value that goes far beyond public budgets. It is a geopolitical and cultural signal. The sovereign states, in fact, begin to consider bitcoin as a risreva of credible value And this is a dynamic that also responds to a need for diversification of the risk.
JP Morgan opens to Bitcoin
After confirming the forecasts on the potential of Bitcoin, compared to goldJP Morgan took one more step, emblematic in defining the transition in progress.
The CEO Jamie Dimon, in fact, has repeatedly expressed his skepticism to Bitcoin several times. Has not used mines in the past, defining it “A scam” And denouncing the risks related to recycling, crime, terrorism financing and even suggested, in 2023, to the government to block everything.
Yet today, JP Morgan opens its customers the opportunity to buy Bitcoin. A partial opening – the bank will not offer direct custody of cryptocurrencies – but still significant. Customers will be able to access ETFs related to Bitcoin and see their positions reflected in the account extracts. Dimon, while maintaining his personal reserves, said: “I don’t think you should smoke, but I defend your right to do it. The same goes for Bitcoin”.
A phrase that summarizes well the pragmatic approach that more and more institutions are adopting. Does the market ask for bitcoin? Then you have to offer it.
The challenges remain, but the interest in bitcoin grows
Of course, Bitcoin is not immune to risks. There volatility remains high, the issues related to illegal use they are still debated, and energy problems connected to mining continue to be subject to controversy. However, the growing integration into the mainstream financial portfolios, the legitimacy by business banks and the institutional demand push in a direction that is now difficult to reverse.
If even a giant like JP Morgan – led by one of the most avid critics – chooses to open its doors to Bitcoin, means that the cryptocurrency has Once the threshold of financial tolerance is exceeded And he entered the new phase of his maturity.
It is still early To say if Bitcoin will really exceed gold in terms of capitalization or global perception as a refuge asset. But the overtaking could take place first at a symbolic and cultural level, and then also manifest itself on the economic level.
With American states that begin to accumulate it, large banks that allow its purchase, and a progressive regulation, the time of digital gold, perhaps, has arrived.
