@kolyantrend
Bitcoin is currently underperforming two key tangible assets, gold and copper, which have become the years standout performers. This divergence highlights a market trend where investors are favoring hard assets, often described as a fear and AI-driven trade. Gold, the traditional safe-haven asset, has seen a significant rally in 2024. Copper, a critical industrial metal essential for electrification and artificial intelligence infrastructure, has also posted strong gains, though its rally has been slightly less pronounced than golds. This dynamic places Bitcoin, a digital asset, in contrast to these physically tangible commodities as macroeconomic and technological narratives shape capital flows. The performance gap underscores a period where traditional commodity fundamentals and geopolitical hedging are taking precedence in certain segments of the investment landscape.
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