According to ChainCatcher news and reported by Decrypt, recent academic research has explored the relationship between Bitcoin and gold as store of value tools. The study found that although Bitcoin is referred to as "digital gold," it currently lacks the historical record, stability, and resilience in crises that gold possesses.
The volatility of Bitcoin is much higher than that of gold, and its correlation with traditional assets is unstable. Nevertheless, as the Bitcoin market matures and volatility decreases, its role as a tool for portfolio diversification may strengthen.
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Research: Bitcoin's fluctuation is higher than gold, and it is still not sufficient to replace traditional safe-haven assets.
According to ChainCatcher news and reported by Decrypt, recent academic research has explored the relationship between Bitcoin and gold as store of value tools. The study found that although Bitcoin is referred to as "digital gold," it currently lacks the historical record, stability, and resilience in crises that gold possesses. The volatility of Bitcoin is much higher than that of gold, and its correlation with traditional assets is unstable. Nevertheless, as the Bitcoin market matures and volatility decreases, its role as a tool for portfolio diversification may strengthen.