Bitcoin surged 5% today as cryptocurrencies showed strength alongside precious metals, with IBIT trading volume exceeding most major stocks. Ryan Grace highlighted Bitcoin's recent stability despite pullbacks, noting its resilience at $114,000 after briefly dipping to $108,000. The analysts discussed how Bitcoin's market cap dominance has decreased from 64% to 58% over recent months, allowing Ethereum to gain ground. Grace emphasized that despite current low volatility (Bitcoin's 30-day realized vol at just 24%), history suggests volatility could double quickly. Gold's remarkable 46% year-to-date performance compared to Bitcoin's 21% prompted discussion about fiat currency concerns. The panel noted that Bitcoin's Google Trends data shows interest at a five-year low despite favorable macroeconomic conditions with rate cuts and inflation—suggesting potential for significant upside as retail interest returns.