Gate Cryptocurrency News and Market Analysis

In 2026, the Year of the Horse, the Bank of Japan raises interest rates, triggering gold and Bitcoin volatility through arbitrage unwinding. Looking at 10-year returns, Bitcoin has gained 26,931.1%, while gold has increased by 7%. In terms of market value, gold is valued at 12-14 trillion, and Bitcoin at 1.74 trillion. The arbitrage unwinding explains the short-term sharp drop in Bitcoin, but both assets rise in the long term, reflecting the search for fiat currency alternatives. Gold is physically held by central banks with an annual supply increase of 2-3%, while Bitcoin has an intangible decentralized cap of 21 million coins.

Taiwan stocks closed for the Lunar New Year on February 11, entering the Year of the Horse, while global capital markets continue to operate. Key events during the Lunar New Year include US GDP and global PMI, with NVIDIA's earnings report on February 26 being the biggest focus. The five major market trends include emerging markets outperforming US stocks, small and mid-cap stocks leading blue chips, AI hardware outperforming software, and more. Risk tracking includes four assets: IGV, MOVE, silver, and Bitcoin.

Bitcoin faces a crash storm before the 2026 Spring Festival, dropping to $60,000 at one point, sparking retail investor concerns. BlackRock ETF surpassing $10 billion in trading volume is a sign of leverage unwinding rather than long-term withdrawal. Despite a 16,590% return over 10 years, Motley Fool's analysis team did not include BTC in their buy list. Cleese chose BTC over gold due to the 21 million cap. Franklin recommends pairing bonds with non-single-asset investments.