@audreyhazlitt
As of September 2025, Bitcoin's "digital gold" narrative remains valid. With a $1.2T market cap, 19.8M BTC in circulation, and $38.9B daily volume, it mirrors gold's store-of-value role. Institutional adoption (e.g., ETFs holding 1M BTC) and halving cycles reinforce scarcity. However, altcoin competition and regulatory risks challenge its dominance, though its 0.6 correlation with gold persists.