Matrixport: Changes in the macro environment may create upward opportunities for Bitcoin

According to ChainCatcher, Matrixport published an analysis that with gold strengthening, US Treasury yields decline, and the US dollar weakening, the macro environment is developing in a direction that is conducive to risky assets. In such environments, investors usually first hedge growth risks through gold and then allocate high beta assets such as Bitcoin, according to analyst Markus Thielen. Historical experience shows that Bitcoin has performed outstandingly in such a macro context and can often release considerable upward space after a short consolidation. The current market signal points to policy easing and economic slowdown, and the crypto market is particularly sensitive to these macro changes.