The Biggest Crypto Regulatory Win in a Decade Failed to Boost Bitcoin – Why?

Intergovernmental blockchain advisor Anndy Lian, who has closely tracked the convergence of macro forces on digital asset markets, noted that cryptocurrency prices are now showing a 92% correlation with gold – a sign that digital assets are increasingly functioning as inflation hedges rather than high-growth technology investments.
Lian observed that this new identity offers little protection when both assets are facing pressure from the same macroeconomic forces at the same time.