Gold price big dump 8% is a pullback, but Bitcoin fall is called a crash? Pompliano blasts media double standards.

In recent weeks, as gold prices continue to rise to unknown territories, even hardcore fans of gold have issued warnings, stating that this rapid surge has become uncontrollable. However, after a big dump in gold prices for two consecutive days, they still firmly believe that the long positions in the gold market have not yet ended, and this wave is merely a healthy pullback. In contrast, for Bitcoin, which also has store of value functions, many media outlets have described it as a crash, prompting Bitcoin OG Anthony Pompliano to speak out.

Gold has fallen for two consecutive days after rising 61% since the beginning of the year.

Since the outbreak of the financial crisis, central banks around the world have been steadily increasing their gold reserves. After the United States and its allies froze Russian assets in 2022, the pace of gold purchases by central banks doubled.

In 2025, under the backdrop of President Trump's radical measures to reshape global trade and the intensification of geopolitical uncertainties in the United States, the price of gold was driven up. The prospect of the Federal Reserve cutting interest rates also enhanced the appeal of gold relative to interest-bearing assets.

Subsequently, the term “devaluation trade” emerged, referring to the concerns that the value of sovereign debt and its denominated currency would shrink over time, prompting investors to flee these currencies. This led to retail investors playing a larger role in recent months. The influx of funds into gold-backed ETFs welcomed by Western institutional investors and retail investors surged, and options trading volume also increased significantly. Photos of retail buyers lining up at gold retailers went viral on social media.

On Tuesday (, a series of technical indicators showed that there were too many buyers and too short a time, leading to a significant rise in gold prices, which then plummeted sharply, marking the largest drop since 2013 and the seventh largest sell-off since 2000. The spot price of gold reported $4,094 before the press deadline, a drop of over 6% from the high of $4,375, and it has fallen for two consecutive days.

Gold health pullback to 4,000 dollars, still bullish in the long term.

Jerry Prior, the CEO of Mount Lucas Management, which manages $1.7 billion, believes that the long-term drivers of gold are “firmly rooted here.” He estimates that gold prices will fluctuate within a narrow range, with the possibility of falling to around $4,000, before recovering due to safe-haven demand and economic data.

This week, gold prices pulled back. Although the magnitude is significant for this stable asset, it only brought gold prices back to levels seen a little over a week ago. Gold prices are still rising this month, having increased by about 55% this year.

Gold falling 8% is a healthy pullback, is Bitcoin crashing?

Gold has fallen for 2 consecutive days, with a decline of 8%. Gold bull Peter Schiff stated that these fluctuations are just noise, providing holders of Bitcoin the opportunity to turn 'fool's gold' into physical gold!

)Gold has plummeted from its historical high, Peter Schiff: The rebound of Bitcoin is an opportunity for “fool's gold” to turn into real gold(

But Bitcoin OG Anthony Pompliano spoke out against this, pointing out that gold has been falling for days but the news still emphasizes it as an excellent store of value. However, Bitcoin, which has the same store of value effect, is described as crashing, and those who criticize Bitcoin are said to be on the wrong side of history.

Gold has dropped 8% in two days.

I don’t see any headlines claiming it is a bad store of value, so why do people write those headlines when Bitcoin does the same thing?

The bitcoin critics are on the wrong side of history.

— Anthony Pompliano )@APompliano( October 22, 2025

In fact, a few days ago, Pompliano suggested that investors shift their gold assets to Bitcoin, which seemed to have some rotational effect initially, but Bitcoin also fell back yesterday.

However, Pompliano believes that this Bitcoin bull market is not over yet. Previously, he anticipated that Bitcoin might pull back to the range of 105K~112K, and then the continuous influx of funds into Bitcoin reserve companies would further drive up future prices.

)Why has Bitcoin fallen recently? Anthony Pompliano: The reasons are simpler than you think(

This article states that the gold price fell by 8% as a pullback, but when Bitcoin falls, it's called a big dump? Pompliano criticizes the media's double standards, first appearing in Chain News ABMedia.