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Bitcoin vs. Gold, over the past six years, gold has increased by 200%, while BTC has surged by 3300%!
If you could go back six years, which one would you choose?
Once upon a time, BTC was called digital gold, and gold could be a worthy opponent!
But now, gold has already reached $4700, while BTC has performed so poorly during turbulent times, drifting further away from the journey of digital gold;
In fact, in 2020/2021, BTC was widely regarded as digital gold, but after entering 2023, this voice suddenly diminished. Over the past two years, we've noticed that not many are discussing this topic. If it weren’t for a debate between gold and Bitcoin at Dubai Blockchain Week recently, the hype might have been even lower!
In the past, when the world was turbulent, gold and Bitcoin both rose; now, gold alone is rising, and Bitcoin has become a risk asset!
Although the size of BTC spot ETFs is large enough, most growth occurred in 2023. By 2025, inflows and outflows will become a barometer of liquidity!
If mainstream capital stops entering a hoarding mode, then besides mining outputs and market fluctuations, capital will flee during ETF sell-offs, leading to large-scale sell-offs of BTC. So, which capital can step in to buy the dip?
Plus, recently X also launched its own crypto vision!
The crypto world may face its most severe test in the future!
#加密市场回调 $BTC