Grayscale: Bitcoin's Price Moves Like High-Growth Tech Stocks, Not Gold, in 2025-2026
In its latest Market Byte report, Grayscale argues that Bitcoin's recent price behavior resembles high-growth tech stocks rather than gold. The firm notes that BTC fell to about $60,000 on February 5 after peaking above $126,000 in October, moving lower alongside richly valued software and technology shares. Grayscale adds that, although Bitcoin has long-term features that could justify the "digital gold" label, the market currently trades it as a risky growth asset instead of a safe haven.