Bitcoin is Weak Against Gold and Copper.

Gold and Copper Underperform Compared to Bitcoin

Gold and copper have shown impressive performance among major assets in 2023, with gold particularly gaining more value. In this process, Bitcoin has failed to capture investor interest, remaining distant from both fear-driven and AI-focused investments. This situation is seen as an indication of investors turning towards tangible assets.

Changes in Market Dynamics

The performance gap between gold and copper reflects market expectations of AI-driven growth alongside investments motivated by systemic financial fears. This situation illustrates how investors are orienting themselves and which assets are preferred.