Gold is hitting new highs. Bitcoin is struggling to keep up. And once again, the “digital gold” narrative is being put to the test.On today’s episode of Bits + Bips: The Interview, host Steve Ehrlich sits down with Steve Sosnick, Chief Strategist at Interactive Brokers, to break down why bitcoin still trades like a risk asset, why gold keeps winning in moments of market stress, and what crypto must prove to close the credibility gap.
From rising bond yields to geopolitics and Fed independence, this conversation cuts through the noise to explain what’s really driving markets right now.
Hosts:
<ul>
 <li>
<a href="https://x.com/Steven_Ehrlich">Steven Ehrlich</a>, Executive Editor at Unchained</li>
</ul>
Guests:
<ul>
 <li>
<a href="https://x.com/SteveSosnick">Steve Sosnick</a>, Chief Strategist at Interactive Brokers</li>
</ul>
Links:
<ul>
 <li><a href="https://unchainedcrypto.com/should-you-buy-gold-or-bitcoin-heres-how-to-think-about-it/">Should You Buy Gold or Bitcoin? Here’s How to Think About It</a></li>
 <li><a href="https://unchainedcrypto.com/bitcoin-rebounds-after-trumps-truth-social-post-eases-tariff-fears/">Bitcoin Rebounds After Trump’s Truth Social Post Eases Tariff Fears</a></li>
 <li><a href="https://unchainedcrypto.com/crypto-slides-on-tariff-fears-as-gold-breaks-above-4850/">Crypto Slides on Tariff Fears as Gold Breaks Above $4,850</a></li>
 <li><a href="https://unchainedcrypto.com/why-gold-rose-and-bitcoin-tumbled-on-japan-bond-turmoil/">Why Gold Rose and Bitcoin Tumbled on Japan Bond Turmoil</a></li>
 <li><a href="https://www.politico.com/news/2026/01/21/supreme-court-lisa-cook-federal-reserve-00739231">Supreme Court casts doubt on Trump’s power to fire Fed official without proper review</a></li>
</ul> Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>

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