[Analyst: Gold Can Still Withstand Stock Market Sell-Offs, While Bitcoin Can Hedge Bond Market Pressure] According to a report by CoinDesk, given the Trump administration's public support and concrete actions toward cryptocurrencies, some investors are beginning to question whether gold can still serve as the world's most popular hedging asset. André Dragosch, Head of European Research at Bitwise Asset Management, stated that gold performs best as a hedging tool during stock market crashes, whereas Bitcoin demonstrates greater resilience when the U.S. bond market is under pressure. Historical data and industry research support this view: gold typically rises during stock market bear cycles, while Bitcoin performs better during treasury sell-offs. As of 2025, gold prices have risen by over 30%, while Bitcoin has increased by approximately 16.46%, reflecting the distinctly different roles the two assets play as investors weigh rising yields, stock market volatility, and Trump's pro-cryptocurrency stance.