Precious Metal Price Surge May Signal Positive Trends for Bitcoin

According to Odaily, Negentropic, co-founder of the on-chain analysis platform Glassnode, shared insights on X platform regarding the historical correlation between the prices of copper, silver, and gold. He noted that simultaneous increases in these precious metals often lead to better performance for Bitcoin, increased momentum for altcoins, particularly those with high liquidity, and a structural shift towards a bull market. This trend is attributed to the rise in hard asset prices, which typically indicates a global liquidity shift from financial tightening to expansion, positioning cryptocurrencies as major beneficiaries.