Timothy Kotzman highlights Bitcoin's emerging role in corporate and government treasuries, positioning it as a significant financial asset alongside traditional safe havens like gold.

Amid global economic uncertainty, both Bitcoin and gold have demonstrated remarkable resilience, with gold achieving new all-time highs and Bitcoin maintaining a price floor above $80,000.

In a notable shift, gold's market capitalization recently surged by $1 trillion in a single day, underscoring its stability in contrast to Bitcoin's approximately $1.667 trillion market cap.

Bitcoin's appeal has grown among institutional investors, particularly during periods of high inflation and monetary debasement, as it is increasingly viewed as a vital component of modern investment portfolios.

Long-term holders of Bitcoin continue to see profitability, while short-term holders are grappling with unrealized losses, illustrating Bitcoin's maturation as an asset class.

Despite tightening liquidity in the Bitcoin market, the current cycle's median drawdown is less severe than in previous cycles, suggesting a more resilient buyer base.

However, Bitcoin remains more sensitive to market shifts than gold due to its smaller market size, making it more susceptible to volatility.

This stark difference in market size means that Bitcoin can experience significant price fluctuations from relatively minor changes in its market capitalization.