According to Bloomberg, Bitcoin is currently under pressure after outperforming most asset classes in 2024. Data shows that Bitcoin has only risen about 3% this year, while gold has risen by 9%. On February 4, Trump stated that the U.S. could take over the Gaza region, pushing gold prices to an all-time high of $2,882 per ounce despite his staff trying to downplay the remarks. Currently, Bitcoin price is still about 10% different from its historical peak.