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QCP: Bitcoin's relatively low valuation compared to precious metals may prompt funds to rotate into digital assets.

QCP Asia published an analysis stating that Bitcoin has finally broken through the $95,000 barrier that had been limiting its rise since November last year. In an economic environment where the US job market is stable and inflation remains steady, risk assets from stocks to precious metals, the dollar, and even cryptocurrencies are showing an upward trend. The report points out that although Bitcoin had previously lagged behind the stock market and precious metals in gains, against the backdrop of a possible further implementation of fiat currency devaluation policies in the US, Bitcoin's relatively low valuation compared to precious metals may prompt capital to rotate into digital assets. The current risks facing the market include pending decisions by the US Supreme Court regarding tariffs and any escalation in the situations in Venezuela or Iran. However, the market seems to have already priced in these risks and continues to rise in the face of them.

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