Matrixport: dual trends in bitcoin and gold to drive investment boom

On October 25, according to Matrixport's latest weekly report, global central banks' efforts to reduce their dependence on the U.S. dollar and the rapid rise in sovereign debt are fueling the continued growth of bitcoin and gold. In 2024, gold is up 31% and bitcoin has soared 59%, outperforming traditional assets such as bond ETFs and the SP 500 Index's 22% gain. Bitcoin's importance in the financial ecosystem is growing with the approval of the Bitcoin Spot ETF and large-scale investments by companies like MicroStrategy. In addition, global economic instability, high government debt and the risk of rising inflation are increasing demand for both assets. Going forward, the growth of tokenized assets linked to the price of gold provides investors with new investment options.