Huoxun Finance reported on January 30th that, according to official sources, Gate founder and CEO Dr. Han shared his views on the market positioning of gold and Bitcoin on the X platform. Dr. Han pointed out that against the backdrop of rising global political and economic uncertainty, gold prices have reached new historical highs, and market volatility has also significantly increased, with funds seeking certainty again. Dr. Han believes that although the market has long compared Bitcoin and gold, the two are fundamentally different. Gold's continued allocation during turbulent periods stems from its "safety floor" attribute, which has been repeatedly verified throughout thousands of years of history; while Bitcoin has never been defined as a safe-haven asset, its value logic is more reflected in betting on future growth potential. As the participation of traditional financial assets in the crypto market continues to increase, Gate has recently accelerated its layout in the TradeFi field, gradually expanding into trading categories such as precious metals, forex, indices, and stocks. According to CoinGlass data, the 24-hour trading volume of GateXAUT (gold) contracts exceeded $483 million, ranking third globally.

According to Odaily Planet Daily, OKX market data shows that BTC has rebounded and broken through 83,000 USDT, currently trading at 83,001 USDT, with the 24-hour decline narrowing to 5.48%. (This news item was generated with AI assistance.)

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Odaily Planet Daily reports that Balaji, former CTO of Coinbase and general partner of A16z, published an article on the X platform stating that a fiat currency crisis has begun, and Bitcoin's core value proposition lies in its resistance to censorship. Balaji believes that while gold has value in highly organized countries, it also faces the risk of being tracked and confiscated. In contrast, digital gold (and cryptocurrencies), represented by Bitcoin, possesses invisibility, internationalization, immediacy, and internet-native attributes, surpassing physical gold in terms of transportability, programmability, and verifiability. Balaji points out that as gold prices rise, the taxation or confiscation of physical gold will increase. He predicts that Eastern countries like China may revert to a gold standard, a digital gold standard, or a hybrid of both, while the internet will replace the US dollar through digital gold and cryptographically verifiable digital assets. Furthermore, Balaji advises investors to consider withdrawing from G7 countries and other regions highly dependent on the US dollar amid the deepening sovereign debt crisis, emphasizing that in the current environment, geographical location is more important than asset allocation.

According to Odaily Planet Daily, Bitcoin miners are showing signs of migration due to rising electricity costs and declining hashrate. Data shows that the average electricity cost to mine a single Bitcoin is currently around $59,450, with net production costs of approximately $74,300. Although Bitcoin is trading at around $82,500, higher than the average miner cost, Charles Edwards, founder of Capriole Investments, stated that the market still has room to fall to the $74,300 to $59,450 range. Furthermore, Bitcoin's hashrate dropped to a mid-2025 level at the end of January, which analysts believe is related to miners reallocating resources to AI projects and winter storms in the United States. According to energy value models, Bitcoin's current fair value is approximately $120,950. Jeff Feng, co-founder of Sei Labs, stated that network difficulty adjusts after a decline in hashrate, and historically, Bitcoin has typically reverted to its energy value after a prolonged decline. (Cointelegraph)