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Why Bitcoin Price Didn't Surge With Gold and Silver Rally: Key Reasons Explained
02.02.2026 08:18
While gold and silver prices experienced a significant surge, Bitcoin's price action remained notably subdued. This divergence has puzzled many investors. The primary hidden reason is attributed to substantial outflows from Bitcoin Exchange-Traded Funds (ETFs), particularly in the United States. Concurrently, the market is digesting recent macroeconomic data and adjusting expectations for Federal Reserve interest rate cuts. These ETF outflows have created consistent selling pressure, offsetting the bullish momentum seen in traditional safe-haven assets like precious metals. Analysts highlight that Bitcoin's current performance is more tightly coupled with traditional finance (TradFi) flows and institutional investment patterns than with macro movements in commodities. For Bitcoin (BTC) to initiate a sustained rally, a reversal in ETF flow trends or a strong macroeconomic catalyst may be required.
Keywords: bitcoin, BTC, bitcoin price, gold, silver, rally, ETF, outflows, macroeconomics, Federal Reserve, interest rates, safe haven assets, cryptocurrency, market analysis