CoinEx Daily: Bitcoin Climbs Amid Rising Demand for Safe Haven Assets

Daily View

Bitcoin has surged to near seven-week highs, with its market dominance reaching a four-year peak. This upward momentum may be linked to the consistent rise in gold prices over the past month. As some investors feel they’ve missed out on gold, they appear to be turning to Bitcoin as an alternative safe haven. However, whether this correlation between Bitcoin and gold will hold over time remains uncertain.