The market has a strong expectation that the Federal Reserve will cut interest rates by 2026, and a weak dollar environment further boosts the valuation of precious metals.
It is worth noting that this should be a favorable environment for Bitcoin—weak dollar, high inflation, and geopolitical risks are all "ideal conditions" in Bitcoin narratives. But in reality, funds have prioritized gold and silver, which have a century-long reputation backing them.
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The market has a strong expectation that the Federal Reserve will cut interest rates by 2026, and a weak dollar environment further boosts the valuation of precious metals.
It is worth noting that this should be a favorable environment for Bitcoin—weak dollar, high inflation, and geopolitical risks are all "ideal conditions" in Bitcoin narratives. But in reality, funds have prioritized gold and silver, which have a century-long reputation backing them.