Gold just crashed below the $5,000 mark, while Bitcoin touched $74,000.


One of the largest asset rotations in financial history may be happening right now. 🚨
Bitcoin is "swallowing" Gold, and most of the market still seems unprepared for what could happen next.
Last year, gold surged 77%, becoming the most favored trade in the market.
Nearly every major financial institution poured money into gold.
But after the Iran conflict erupted, capital flows began to shift.
The market seems to be saying: "We want Bitcoin."
• SPDR Gold Shares ETF (GLD) saw outflows of 2.7% of total assets.
• Meanwhile, iShares Bitcoin Trust ETF (IBIT) recorded inflows equivalent to 1.5% of assets.
Notably, these two developments occurred in the same week.
According to confirmation from JPMorgan Chase, capital flows are clearly shifting from gold to Bitcoin.
• Gold once reached $5,595 in January,
• But has now fallen below $5,000.
Meanwhile:
• Bitcoin just touched around $73,000.
A message is becoming increasingly clear in the market: Assets of the "old world" are gradually losing their position, while digital assets are emerging as the new choice for global capital flows.
BTC2.43%
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