Market Trends & Geopolitical Shifts - Sovereign nations currently favor gold as a safe-haven asset, while individual investors prefer Bitcoin due to its volatility and self-custody features [1] - BitMEX anticipates Bitcoin potentially aligning with gold in the long term regarding the dollar debasement narrative [1] - The shift towards Yuan-settled oil trades between Saudi Arabia and China represents a geopolitical change that could weaken the U S dollar's dominance [1] Bitcoin & Gold Performance - Sovereign buying will differentiate the short-term performance of Bitcoin and gold [1] - The weakening of the U S dollar's hegemony could support Bitcoin's long-term value [1]