The Rise of Bitcoin: Weak Momentum in Gold, a New Star in the Bull Market!
As global investors lose confidence in fiat currency, "hedging against depreciation trades" become the market focus, with funds flowing into gold and Bitcoin. JPMorgan points out that after 2025, gold will show weak momentum, while Bitcoin has greater potential.
Since April 22, gold has fallen nearly 8%, while Bitcoin has risen about 18%. Funds have withdrawn from gold ETFs and shifted to Bitcoin, indicating a clear diversion. Businesses and local governments are actively increasing their holdings in Bitcoin, pushing it to become a "national-level reserve asset."
As the infrastructure of the cryptocurrency market matures and the threshold for institutional participation lowers, JPMorgan predicts that Bitcoin still has upward potential in the second half of the year.
At the same time, the growth potential of SOL on the other side should not be underestimated! SOL has already seized the potential of the meme trend, creating a new wave of memes, and family members with spare cash are daring to layout some promising meme coins early. Among them, meme coins associated with Trump are particularly popular, especially the heroic dog Co nan, backed by Trump's strong IP and active community. Recently, affected by the market, its market value has slightly adjusted to 8.2M, with an ideal adjustment range. Consensus has formed, making this a great opportunity to enter and add positions, saving strength for the next wave to break through the 10M mark again! In terms of the number of holders, it has exceeded 13.4K, which has great potential to become a dark horse in the bull market!
If anyone wants to further understand the development of the entire coin circle and the meme sector, feel free to join the discussion at Meme交流區!
$SOL $ETH $XRP
