Home BlockchainBitcoin Moves With Tech, Not Precious Metals, Analysts Find

Bitcoin Moves With Tech, Not Precious Metals, Analysts Find

by NewsBTC
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Bitcoin Moves With Tech, Not Precious Metals, Analysts Find

Bitcoin’s image as a steady store of value is being tested. What once was talked about as a hedge against uncertainty now moves more like a high-upside, high-risk bet.

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According to Grayscale, recent trading patterns show Bitcoin tracking closely with shares of software companies rather than with gold or silver.

That change in behavior has been noticeable since early 2024, when institutional flows and exchange-traded products pushed crypto into more…

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