Bitcoin and risky assets: In essence, Bitcoin is a digital asset, a product of technological innovation and financial rule innovation, and has a positive correlation with risky assets; Bitcoin and gold: Yellow metal is a means of commodities but also has monetary attributes; Bitcoin is a means of payment and accounting, with similar attributes to gold, that is, investment in value preservation; Hedging and risk: Yellow metal is a safe-haven asset in the traditional sense. Bitcoin is a generally considered risky asset, but in the long run, it has a trend towards safe-haven assets; Retail investors like: Bitcoin and gold both have factors that are keen on by retail investors and rise; especially Bitcoin is very popular with the younger generation and the relationship with the US dollar: Bitcoin and gold both have negative correlation with the US dollar #Bitcoin #Gold #Nasdaq #Risk Assets #Have-haven assets #U.S. dollar #Investment #Financial #Trump
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