📰 **Matrixport Latest Weekly Report: Bitcoin and Gold Soar Together, Investors Should Focus on These Trends!**

Hello everyone! Today we will discuss the latest weekly report released by Matrixport, examining how Bitcoin and gold are performing in the current market. 📈

First, Matrixport points out that the sustained demand for Bitcoin and gold is mainly driven by two macro trends: the efforts of central banks to reduce their reliance on the US dollar and the rapid rise in sovereign debt levels. These factors are expected to drive growth for both assets in the long term. Investors, you might want to consider including Bitcoin and gold in your portfolio, as their performance has been quite impressive this year!

In 2024, gold has risen by 31%, while Bitcoin surged by 59%, far outperforming traditional assets like bond ETFs and the S&P 500 index (+22%). Retail demand for gold is also expanding, with Costco selling $200 million worth of gold every month, especially as central banks in emerging markets continue to buy gold to hedge against dollar reliance.

Bitcoin's unique position as a speculative asset and a store of value is gradually being recognized. With increasing institutional interest, such as the approval of Bitcoin spot ETFs and significant investments from companies like MicroStrategy, Bitcoin is becoming a more indispensable part of the financial ecosystem. Central banks have indirectly acknowledged Bitcoin's importance by investing in proxy companies like MicroStrategy.

Global economic instability, soaring government debt levels, and the potential for rising inflation are also driving demand for gold and Bitcoin. As governments may need to print more money to repay debts, these two assets provide a hedge against currency devaluation. Investors who included Bitcoin and gold in their portfolios have received substantial returns this year and are expected to benefit from these long-term trends.

Looking ahead, the growth trend of tokenized assets linked to gold prices opens up a new avenue for investors, offering on-chain alternatives to traditional gold investments. This innovation is expected to further drive demand for gold and Bitcoin during periods of economic uncertainty.

Readers, what do you think about the future trends of Bitcoin and gold? Feel free to share your thoughts and investment insights in the comments! Let's discuss together! 💬