Today, gold and silver have both reached new highs. Macro funds are expressing preferences in the most direct way. As the market enters a stage of greater uncertainty, money will prioritize returning to those hard assets that have been repeatedly validated historically.
Precious metals are rising to indicate that funds are seeking safety, #BTC remains silent to show that the chips are waiting for direction. The two are not contradictory. As for BTC, perhaps it needs more time to truly join this group; for now, it is being marginalized.
In other words, it is not BTC that is being marginalized, but rather the order of funds in the market. BTC can only ever consume the leftover small portion of funds after the U.S. stocks and precious metals have been fully utilized!
BTCUSDT
Perp
88,473.4
-0.63%