Bitcoin and Gold: What does the recent surge mean?

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$BTC broke 70,000 yesterday. Gold and Bitcoin have hit new highs recently. What does this mean?

The head of Goldman Sachs’ hedge fund business said:

Gold and #BTC are very different assets. The former has existed for more than 6,000 years, while the latter has only existed for 15 years. But they show a clear high correlation, which I think illustrates two things:

1. Liquidity in the financial system is still very sufficient;

2. The demand for “store of value” from investors in various countries continues to increase, although they come from different generations of investors.

热点：Bitcoin GOLD SURGE