Matrixport: The dual trend of bitcoin and gold will fuel the investment boom
According to Matrixport's latest weekly report, global central banks' efforts to reduce their reliance on the U.S. dollar and the rapid rise in sovereign debt are driving the continued growth of bitcoin and gold.
In 2024, gold is up 31% and bitcoin is up 59%, outperforming the 22% gains of traditional assets such as bond ETFs and the S & P 500. With the approval of bitcoin spot ETFs and large-scale investments by companies such as MicroStrategy, bitcoin's importance in the financial ecosystem has become increasingly apparent.
In addition, global economic instability, high government debt and the risk of rising inflation are also increasing demand for both assets. In the future, the growth of tokenized assets linked to the price of gold provides investors with new investment options.