Group 1 - The article highlights a significant divergence in international market asset trends amid increasing global macro policy uncertainty, indicating a shift in investor behavior in response to a weakening US dollar [1] - The expectation of US involvement in coordinated currency intervention with Japan has pressured the dollar index, leading to a strong upward momentum in the commodity market, particularly in base metals like copper [1][8] - The rise in industrial metals is attributed not only to supply-demand dynamics but also to strategic allocation towards tangible assets amid accumulating dollar credit risks [1] Group 2 - In contrast to the booming physical asset market, the cryptocurrency market, particularly Bitcoin, has faced instability, demonstrating a lack of reliable safe-haven properties under heightened geopolitical tensions [1] - Bitcoin experienced a significant drop of 3.5% last Sunday, reaching its lowest point since 2026, before slightly recovering, while Ethereum also faced a decline of 5.7% [2] - The outflow of funds from Bitcoin exchange-traded funds in the US totaled $1.7 billion over five days, indicating a lack of substantial capital inflow despite a brief respite in prices [5] Group 3 - Geopolitical concerns, including potential tariffs on Canadian imports and military movements towards Iran, have dampened overall market sentiment, leading to a preference for physical assets like gold and copper over volatile digital assets [7] - Basic metals have collectively risen due to the continued weakness of the dollar, with copper prices jumping nearly 3% last Friday and continuing to climb [7][8] - The Bloomberg Dollar Spot Index fell by 0.4% on Monday and 1.6% over the previous week, marking the largest decline since May, as expectations of US-Japan currency intervention weigh on the dollar [8]