Four Reasons Bitcoin Isn't Following the Gold and Stocks Highs


Bitcoin's price is currently lagging behind the new highs set by gold and stocks. While traditional markets are once again reaching all-time highs, the largest cryptocurrency has yet to follow suit. Researchers at CryptoQuant point to four main reasons for this discrepancy.

Why Bitcoin Isn't Reaching Gold's All-Time Highs
First, the US central bank's interest rate policy plays a key role. The Federal Reserve has begun lowering interest rates, but in the initial phase of such a cycle, most capital typically flows into liquid markets like stocks and gold. Cryptocurrencies, especially smaller altcoins, are typically at the tail end of this liquidity channel. Only when risk appetite increases on a larger scale will money begin to flow into Bitcoin. #WillCryptoMarketBreakOutInSeptember?# #DoubleRewardsWithGusd# #AltcoinMarketRebound# #DailyConvertToWin300Usdt# #FunnyMomentsInCrypto#
BTC-0.33%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)