Core Insights - Bitcoin traders are experiencing relief as U.S.-China tariff tensions appear to be easing, which previously caused significant market disruptions [1] - The Bitcoin ETF inflows are lagging behind gold ETFs, indicating a potential area for improvement in Bitcoin's market position [2] - The Bitcoin-gold ratio has improved, reflecting a more optimistic sentiment among investors regarding trade talks, although caution remains [3] Market Performance - Bitcoin was trading just below $115,000, with a 1.2% increase in the past day and a 3.5% increase compared to the previous week [2] - Gold has gained approximately 54% since the start of the year, while Bitcoin has climbed 23% during the same period [4] Investor Sentiment - There is a 65% chance, according to prediction markets, that gold will outperform Bitcoin in 2025, although this sentiment has decreased by 4.5% recently [3] - The market is closely watching the Bitcoin-gold ratio, with a level above 30 signaling a potential end to current fears regarding trade negotiations [3]