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Gold dropped nearly 10% and Bitcoin slid 2.5%, hinting Bitcoin still trades like liquidity beta not insurance.
Gold demand reached a record $555 billion in 2025, driven by an 84% surge in investment flows and $89 billion in inflows into physically backed ETFs.
The World Gold Council reports ETF holdings climbed 801 tons to an all-time high of 4,025 tons, with assets under management doubling…