Correlation between Gold and BTC Market Share

1. Gold is the gold standard of dollar assets and a safe-haven asset; while BTC is the currency standard of crypto assets, a safe-haven asset in crypto, the logic is consistent.

2. Since May 2021, the trends of gold and BTC.D have been almost identical, with gold falling, BTC.D falling, and altcoins rising.

3. Gold shows signs of a weekly-level peak, which will lead more funds to embrace risk assets and altcoins.