Gray scale: Bitcoin's current trading performance resembles that of high-growth tech stocks more than gold.
According to Grayscale's latest report, Bitcoin's current trading performance resembles that of high-growth tech stocks rather than gold. The report notes that Bitcoin's recent price movements are highly correlated with the stocks of overvalued software companies, and when the market sells off risk assets, Bitcoin also declines. Grayscale's research director, Zach Pandl, believes this indicates that Bitcoin is currently not a safe-haven asset, but given its limited supply and decentralized characteristics, it still has the potential to become 'digital gold' in the long run. Bitcoin is only 17 years old and is still proving its status as a global currency asset. #美国科技基金净流 #黄金白银反弹 #何时抄底? #全球科技股抛售冲击风险资产
