While
$BTC is down about 2% today to $74,300, Gold is holding strong at $4,450/ounce.
Observations:
BTC is facing pressure from the Fed maintaining interest rates + ETF cash outflows
Gold continues to show safe-haven strength thanks to inflation and geopolitical instability
The short-term correlation between the two assets is clearly decreasing
Personal view:
Short-term: Gold is in the driver's seat
Long-term: BTC still has the narrative to attract institutional capital if regulations become clearer
Do you think BTC is still digital gold?"
Poll:
Gold is a better safe haven
BTC still wins long-term
Both should be in the portfolio
#creatorpadvn #XAUD