KEYTAKEAWAYS
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JPMorgan says gold remains the top safe-haven asset as Bitcoin drops over 20% amid market volatility and geopolitical tensions.
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Binance strengthens its lead in the spot market with a 45% share by March 2025, outpacing all centralized exchanges.
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Bitcoin whales keep accumulating, while mid-sized holders shift from selling to buying, signaling growing confidence among experienced investors.
CONTENT
JPMORGAN: GOLD REMAINS THE TOP SAFE-HAVEN ASSET, BITCOIN FALLS BEHIND
In its latest report, JPMorgan said Bitcoin has not lived up to its “safe haven” image. As markets become more volatile due to President Trump’s global trade war, investors are turning to gold instead. Analysts at the bank noted that gold ETFs and futures are seeing strong inflows, as speculators look for stability.
This week, gold reached a record high of $3,660 per ounce. In contrast, Bitcoin has dropped more than 20% since hitting its all-time high of $109,000 on January 20, the day of Trump’s inauguration. It now trades near $85,000.
Analysis:
The report reflects how traditional finance still favors gold during times of crisis. Gold’s rise confirms its role as a safe haven, while Bitcoin’s decline shows it may not yet be trusted in uncertain times.
Still, Bitcoin’s story is not over. Its future may depend on how global markets and investor sentiment evolve. It’s important to stay cautious and avoid relying on just one asset.
BINANCE HOLDS 45% SPOT MARKET SHARE IN Q1 2025
According to TokenInsight, Binance remained the largest crypto exchange in the global spot market during Q1 2025. Its average market share was 43.9% and rose steadily from 43.5% at the beginning of the year to 45% by the end of March. This further strengthens Binance’s position as the top centralized exchange.
Analysis:
Binance continues to lead the global spot market with a strong 43.9% share in Q1. The growth from 43.5% to 45% shows that its dominance is not only stable but growing, reinforcing its leadership among centralized exchanges.
WHALES HOLDING OVER 10,000 BTC ARE STILL BUYING
Data from Glassnode shows that Bitcoin whales—wallets holding more than 10,000 BTC—are still accumulating coins. At the same time, smaller investors (holding less than 100 BTC) are slowing down their selling.
Especially, those holding between 10 to 100 BTC may be starting to buy again. This shift suggests that mid-level holders are becoming more optimistic about the market.
Analysis:
These movements show a change in the structure of the Bitcoin market. Whale buying helps build support at lower prices. If mid-sized holders continue buying, it could lead to broader market participation.
Investors should keep an eye on Bitcoin’s price action and on-chain data, while also watching for any global economic or regulatory changes.
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