Changing Retail Interests as Bitcoin Struggles to Keep Up With Precious Metals!
๐ As uncertainty about the world's future landscape heightens, investors have very clearly made a shift toward precious metals. In the past year, price returns
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๐ As uncertainty about the world's future landscape heightens, investors have very clearly made a shift toward precious metals. In the past year, price returns are as follows:
๐ฅ Silver: +214%
๐ฅ Gold: +77%
๐ช Bitcoin: -16%
๐ On one hand, this could be considered a bullish divergence for the lagging crypto markets. Over the past decade, prices of 'digital gold' vs. the real thing have alternated turns, with $BTC performing much better.
๐ณ On the other hand, some are arguing that this shift to tangible assets may be the 'new normal'. The truth is in the numbers, and they remain showing a story of institutional investors accumulating crypto, dating back to late November.
๐ Based on social trends, keep track of where the FOMO and FUD lie for all 3 asset classes, using this chart!
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