Noticias Noticias 16 mayo 2025

February 6, 2026, 12:15 AM EST. Bitcoin is navigating a liquidity squeeze that gold never encountered, according to Darius Sit, co-founder of QCP Capital. While comparisons between bitcoin and gold often focus on price, Sit highlights that bitcoin's market dynamics reflect forced position unwinds rather than a collapse in its investment thesis. Gold benefits from sovereign demand and massive market scale, with daily price swings larger than bitcoin's entire valuation. The October 10 crypto deleveraging event exposed stark differences in liquidity and credit handling between bitcoin and altcoins, underscoring crypto exchanges' vulnerabilities due to their simpler risk management structures. Unlike traditional markets, crypto venues can become single points of failure, risking socialized loss where winning traders cover others' bankruptcies, damaging trust and setting a real limit on institutional participation.