Gold has outperformed bitcoin since the launch of spot BTC ETFs, rising 58% as bitcoin fell 12%. Mark Connors says bitcoin remains “too young” for institutional trust, while gold continues to benefit from established infrastructure and trade use. Bitcoin’s recent slump reflects a global liquidity squeeze, not sentiment, with Connors pointing to U.S. Treasury spending delays as a key factor.$BTC #ContentMining&EarnRichCommission #AreYouBullishOrBearishToday? #SpotETFApprovalUpdates #CryptoMarketWatch #BitcoinPriceWatch #DecemberRateCutForecast
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What to know:
Gold has outperformed bitcoin since the launch of spot BTC ETFs, rising 58% as bitcoin fell 12%.
Mark Connors says bitcoin remains “too young” for institutional trust, while gold continues to benefit from established infrastructure and trade use.
Bitcoin’s recent slump reflects a global liquidity squeeze, not sentiment, with Connors pointing to U.S. Treasury spending delays as a key factor.$BTC #ContentMining&EarnRichCommission #AreYouBullishOrBearishToday? #SpotETFApprovalUpdates #CryptoMarketWatch #BitcoinPriceWatch #DecemberRateCutForecast