00:00 Josh

Bitcoin falling once again in the last full trading week of 2025 and Yahoo Finance’s Inez Ferre is here with more. Inez.

00:07 Inez Ferre

Josh, you’re looking at Bitcoin that’s below 86,000. I’m going to pull up a year to two chart so you can see uh Bitcoin down 9% year to date, but take a look at where we have been over the last couple of weeks because Bitcoin has been unable to hold the 94,000 level that we saw uh just last week.

00:30 Inez Ferre

Uh so there aren’t a lot of catalysts that are sending crypto higher. Uh look, you’ve got the Bank of Japan that may be increasing interest rates and that would be bearish for uh assets like Bitcoin. You have liquidations, you have uh traders that are talking about trading volumes that have been depressed. You’ve got the lack of conviction when it comes to crypto.

00:50 Inez Ferre

So what you could see with with Bitcoin, for example, is some consolidation period. Uh the same with some of the other uh tokens as well as we’ve seen Ether down more than down more than 4% today unwinding uh some of the bumps that it saw uh last week.

01:13 Inez Ferre

And then just taking a look also at the difference between what we’ve seen with crypto and what we’ve seen with the metals, which is like night and day. So if you take a look at gold, gold is nearing a new high. It is at 4,343. If we take a look at a year-to-date chart for gold, I mean, it’s just unstoppable. You’ve got Wall Street that is bullish going uh into next year for gold.

01:38 Inez Ferre

You’ve got the whole debasement trade that’s going on with the metals with silver as well as we’re watching silver up more than 115% year to date. Even the copper trade has been bullish this year because of demand because of the uh tariff concerns, but because you’ve got hoarding that’s happening in the US.

02:00 Inez Ferre

But also because of the AI demand, because of electricity, the grid, all of that is going to require copper and that’s why we’ve seen the metals rally this year. Very different picture than crypto.