In a historic milestone for global markets, gold has surpassed the 5,100 dollar per ounce mark, while the Ethereum price today January 26 2026 shows notable weakness by trading below 3,000 dollars. This behavior, validated by Myriad prediction markets, confirms a trend where the precious metal has managed to capitalize on geopolitical uncertainty more effectively than digital assets.
According to data provided by price aggregators, the market’s second-largest cryptocurrency has experienced a decline of over 10% during the last week. While the yellow metal shines with new records, the Ethereum price today January 26 2026 reflects growing caution among investors, who seem to be rotating their capital toward traditional havens in light of recent trade tariff threats.
Furthermore, the Myriad platform reveals that a considerable majority of users anticipate that the digital asset could drop to 2,500 dollars before attempting a recovery toward 4,000 dollars. This bearish sentiment has intensified because, unlike gold, cryptocurrencies are currently trading more as risk assets than as defensive hedges against international economic tensions and trade disputes.
Historic divergence between physical haven and digital ecosystem
Under this scenario, gold’s surge accelerated following President Trump’s statements regarding potential 100% tariffs on Canada, which reinforced the metal’s appeal. Conversely, the Ethereum price today January 26 2026 has failed to attract protective flows, evidencing a temporary disconnection between the “digital gold” narrative and the actual behavior of the crypto market during crises.
On the other hand, banking giants like Goldman Sachs have raised their projections for the precious metal toward 5,400 dollars, exerting additional psychological pressure on Ether holders. The fact that gold has risen 65% over the last year highlights the value preservation technology of the metal, while the smart contract network still struggles to reclaim its 2021 all-time highs.
Will Ethereum be able to regain its appeal against precious metals?
Despite the current pessimism, some institutional sectors maintain their interest in the network due to its dominance in the tokenization of real-world assets. Thus, the network’s fundamental utility could be the necessary catalyst for the Ethereum price to find a solid floor, allowing for a trend reversal against traditional commodities in the coming months.
Finally, the market is in a reevaluation phase where gold’s security seems to be winning the battle against the volatile innovation of the blockchain. Therefore, traders must closely monitor technical support levels, as the immediate future will depend on macroeconomic stability and the ability of digital assets to reclaim their status as a global reserve of value.
