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Bitcoin Price Is Falling. Why the ‘Digital Gold’ Is Failing to Keep Up With the Precious Metal. - BARRON'S

JANUARY 23, 2026

Initially, the threat of U.S. tariffs on European countries over Greenland triggered a risk-off move in digital assets earlier in the week. Bitcoin was down 0.4% to $89,471 in early trading Friday. The contrast brings into question Bitcoin’s “digital gold” moniker.

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