
币圈小韭菜|Apr 21, 2025 04:31
⚡ The US dollar is about to weaken | Gold prices hit their 55th historic high in the past 12 months! Bitcoin has officially joined the upward trend, currently surpassing the $87000 mark——
I believe that the current synchronous rise of gold and Bitcoin is essentially a market vote on the fragility of the fiat currency system.
Gold and Bitcoin are sending us the same signal - the US dollar is about to weaken, and more uncertainty is on the way.
For gold: the wave of "de dollarization" formed after the Russia-Ukraine conflict is reconstructing the allocation of global reserve assets. Central banks of various countries have increased their net holdings of gold for 18 consecutive months, indicating that sovereign institutions' demand for non sovereign credit assets has entered a strategic level allocation stage. COMEX gold futures prices have risen by a cumulative 27% over the year. Currently, spot gold has risen to $3380 per ounce
For Bitcoin: The "digital gold" narrative of Bitcoin has been structurally strengthened, and it is worth noting that the holder structures of the two types of assets have intersected: macro hedge funds have increased their holdings in gold ETFs, while net long positions in Bitcoin futures have reached a new high since 2021.
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