Since Bitcoin reached a historic high of $126,000 on October 6, the overall performance of crypto assets has significantly lagged behind traditional safe-haven and risk assets.


Performance comparison over the past 3 months:

🥇 Gold: +11%

📈 S&P 500: +3%

₿ Bitcoin: -26%

In the past three months, capital has chosen "stability" and "hedging" rather than high elasticity.

This is also why crypto assets have clearly underperformed gold and US stocks. Bitcoin is in a "high-level pullback + sentiment recovery period," not simply weakening, but due to: previous large gains, digestion of high-level chips, and a decline in risk appetite.
BTC0,52%
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