DeFiAlchemist
Where the money flows determines the future of assets. Recently, I’ve been observing changes in the gold market, and it’s quite interesting.
Two weeks ago, gold was still hitting a record high at $4,380. Then it dropped 11%, evaporating over $300, which was a bit unexpected. But thinking about it, it’s normal—since the beginning of the year, gold has risen 70%, and this pullback seems like a natural breather after a rally.
What’s interesting is that Bitcoin’s trend is completely different. While gold was declining from its high, Bitcoin rebounded sharply from a low of $108,200 to $113,800. In
Two weeks ago, gold was still hitting a record high at $4,380. Then it dropped 11%, evaporating over $300, which was a bit unexpected. But thinking about it, it’s normal—since the beginning of the year, gold has risen 70%, and this pullback seems like a natural breather after a rally.
What’s interesting is that Bitcoin’s trend is completely different. While gold was declining from its high, Bitcoin rebounded sharply from a low of $108,200 to $113,800. In
BTC0,19%