Bitcoin's Adoption Surge: Why “Gold Will Demonetize Bitcoin” Is Dead Wrong and the Latest Dip Is Pure Gold

$BTC $ETH $IREN $IBIT

Hello everyone,

Today, we are going to do a deep dive on Bitcoin and adoption and discuss lessons from Cantor Conference. We will look at some levels and charts on BTC, ETH, IREN and IBIT at the end of this article. We will also deep dive into the topic “Why the ‘Gold Will Kill Bitcoin’ Narrative Falls Flat.”

Let’s begin!

The Cantor Crypto & AI/Energy Infrastructure Conference wrapped up this week (November 10–12) at The Ritz-Carlton South Beach in Miami Beach. Over 2,000 institutional investors, hedge fund managers, and tech leaders gathered to map the future of finance. The message was clear: Despite Bitcoin’s recent slide to around $95,000—down from a peak above $126,000 last month and a brief touch below $94,000 this week—the conference reinforced that the long-term thesis for Bitcoin remains rock-solid. Price weakness like this is not a red flag; it is a clear opportunity.