Retail investors flock to gold and silver, Bitcoin is abandoned.
Retail investors are shifting focus from Bitcoin to gold and silver as Bitcoin struggles, trading around $87,000, down 25% from its October high. Over $1.3 billion was withdrawn from Bitcoin-related funds last week, reflecting declining interest in cryptocurrencies. Despite favorable macroeconomic conditions, Bitcoin's appeal as a safe-haven asset is waning, with many investors opting for stocks and precious metals instead. Analysts question Bitcoin's status as a macro hedging tool, suggesting it may not replace gold as the preferred safe-haven asset.