BlockBeats News, August 4, Bloomberg Industry Research Senior Commodity Strategist Mike McGlone posted on social media that as of August 1, the annualized volatility ratio of Bitcoin relative to gold has fallen to a historic low of 2.2 times, a trend that may be more favorable for gold's performance. Since 2021, although Bitcoin has achieved returns similar to gold, its average risk has been more than three times that of traditional safe-haven assets—this may be a concerning signal for digital assets.

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