Matrixport stated that some forward-looking investors have begun to allocate gold and Bitcoin simultaneously

ChainCatcher news, Matrixport released today's chart stating that gold has broken through the $3,400 mark, breaking the phase resistance that has lasted for the past four months.

Long before BlackRock proposed the concept of "digital gold," we pointed out the investment value of gold and its correlation with Bitcoin. We first suggested gold allocation in the summer of 2023, when gold prices were close to breaking $2,000. The current gold price has risen to $3,600 and is expected to further test $4,000, achieving a 100% return in two years. Despite the monetary environment not being significantly loose, gold continues to rise, indicating that some forward-looking investors have begun to synchronize their allocations in gold and Bitcoin. Bitcoin is currently in a consolidation phase, but the long-term trend remains firmly bullish.