Gold is up nearly 60% year-to-date, substantially outperforming bitcoin, which, in comparison, is up a paltry 13% – despite all the talk of a bull market. Analysts say that gold isn't overpriced, despite the epic rally, and traders on Kalshi are confident that 2025 will be the year that the yellow metal outperforms BTC. (Kalshi) Yet data from Hyperliquid suggests crypto traders remain offside. Only 34% of positions are long, with just 35% of traders profitable, and a majority caught in losing short posi ...