Fidelity's Jurrien Timmer Still Takes Bitcoin Over Gold as Both Sell Off
Fidelity's Jurrien Timmer says he still prefers bitcoin to gold, per Cointelegraph, noting BTC's relative price is holding up while both assets sell off. The call is a notable nod to bitcoin's resilience from a strategist inside traditional finance.
Fidelity's Jurrien Timmer isn't switching sides. According to Cointelegraph, the strategist says he still prefers bitcoin over gold — even with both assets caught in the same selloff.
His reasoning: bitcoin's relative price is holding up. In plain terms, BTC is losing less ground than gold right now, and that comparative strength is what Timmer is pointing to.
The call lands in a rough stretch for hard assets generally. Both bitcoin and gold are selling off, per the same post, which makes the relative-scorecard argument the interesting part rather than the absolute numbers.
Timmer has long been one of the more closely watched voices on bitcoin from inside traditional finance, and Fidelity's crypto arm has been building out products for institutional investors for years. When someone in that seat picks BTC over bullion, the market listens.
What happens next depends on whether that relative strength persists if the selling deepens. For now, Timmer's answer is unchanged.
TopicsFidelity · Jurrien Timmer · Bitcoin · BTC · Gold
Source: x.com
Written by Paparazzi with AI. Not financial advice.
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