The Old Standard: Why Gold Is Beating Bitcoin i roto i te 2022

Na NewsBTC - 2 tau ki muri - Wā Pānui: 3 meneti

The Old Standard: Why Gold Is Beating Bitcoin i roto i te 2022

Bitcoin continues to underperform as a general “risk-off” sentiment has investors driving toward gold as a safe haven asset.

Kaua e Whakatupato

Kei te haere tonu nga awangawanga mo te pakanga a Russo-Ukrainian. Ko te pikinga o te US e tohe ana ki te wha tekau tau te teitei me te wehi o te piki reiti Fed. Ka toro atu te koretake ki te ohanga o te ao na te mea ko te paheketanga te tumanako, kaua ki te whakaora. Ko te kaiwhakahaere o te IMF a Kristalina Georgieva i kii "he raru kei runga ake i te raru."

“The war is a supply shock that reduces economic output and raises prices. Indeed, we forecast inflation will accelerate to 5.5 percent in advanced economies and to 9.3 percent in emerging European economies excluding Russia, Turkey, and Ukraine. ” The IMF stated last week.

Reuters recently quoted Commerzbank analyst Daniel Briesemann, who talked in a note about the factors that have “lent buoyancy to gold in recent days,” mentioning the “strong buying interest on the part of ETF (Exchange Traded Fund) investors” and news about the Ukraine war.

"Kei te whakareri a Ruhia ki te whakaeke i tetahi whakaeke nui ki te rawhiti o te whenua - he nui te hiahia mo te koura hei whakamarumaru," ko ta te kaitātari.

Ka whakarāpopoto tēnei i te whakaaro "whakatikatika" i tēnei wā. Ka rite ki te tumanako, ka mamae nga moni i te mea kei te hoko nga kaipupuri moni i nga rawa morearea me te hoko i nga mea e hono kino ana ki te maakete tuku iho. No reira, kei te raru te waahi crypto i te taha o te maakete o nga rakau, kei te piki ake te koura.

Bitcoin Outperformed By Gold

Data from Arcane Research’s latest weekly report notes that it has been a gloomy year for the “digital gold.” In the first three weeks of 2022, Bitcoin sank 25% and it is still down by 18% in the year despite its slight recovery.

Similarly, Nasdaq records a 19% decline in the year, having underperformed against bitcoin “by a small margin,” notes the report, adding that “This is surprising given that bitcoin has tended to follow Nasdaq, albeit with higher volatility.”

Ko te mataku nui mo te koretake o te whenua torangapu me te ohanga tonotono, na te koura te maramatanga o nga rawa haumaru. Ko te rawa i pai ake i era atu taurangi katoa i kitea i raro nei me te whiwhinga 4%.

Physical gold outperforming “digital gold” in 2022 | Source: Arcane Research

I tenei wa, kei te mahi te maakete moni me nga "tauira morearea." Ko te Taara e whakaatu ana i tana mana "morearea-atu" i te mea kua piki ake te US Dollar Index (DXY) 7%. Ko te Hainamana yuan kua pa ki runga i nga awangawanga e pa ana ki te kaupapa here "kore-covid" o te whenua -e puta nga take mo te mekameka tuku o te ao- me te puhoi o te ohanga Hainamana. Engari, kua rere nga kaipupuri moni ki te US Dollar mo te haumaru.

Bitcoin supporters usually refer to the coin as “digital gold” alleging it is a safe haven asset, and this narrative had held well while BTC had been “uncorrelated with most other major asset classes,” but the tide is shifting with the 2022 scenario as investors are rather placing the coin “into the risk-on basket”.

A previous Arcane Research report indicated that bitcoin’s 30 -day correlation with the Nasdaq is revisiting July 2020 highs while its correlation with gold has reached all-time lows.

A pseudonym traded noted that “As Bitcoin adoption goes on and more institutional investors enter the market, the correlation of BTC and stocks becomes more and more tight. That is a paradigm that the crypto world struggled to come to terms with in the past but is now more real than ever. A healthy stock market is good for Bitcoin. "

I tenei wa, ko te ahua nui o nga kaihokohoko he ahua pouri, me te maha e kii ana ka taea e te putea te toro atu ki te taumata $30k tata.

Bitcoin trading at $39k in the daily chart | BTCUSD on TradingView.com

Kuputuhi taketake: NewsBTC