Odaily News On-chain analysis platform glassnode co-founder Negentropic posted on X platform, stating that historically, the simultaneous rise in prices of copper, silver, and gold typically triggers: better performance of Bitcoin, momentum in alts (especially high liquidity altcoin assets), and a structural transition to a bull run. This is because the rise in hard asset prices often indicates that global liquidity is shifting from financial tightening to expansion, with Crypto Assets being the biggest beneficiaries.
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Glassnode Co-Founder: The ultimate beneficiaries of the rise in hard asset prices will be Crypto Assets.
Odaily News On-chain analysis platform glassnode co-founder Negentropic posted on X platform, stating that historically, the simultaneous rise in prices of copper, silver, and gold typically triggers: better performance of Bitcoin, momentum in alts (especially high liquidity altcoin assets), and a structural transition to a bull run. This is because the rise in hard asset prices often indicates that global liquidity is shifting from financial tightening to expansion, with Crypto Assets being the biggest beneficiaries.