Grayscale Reveals Bitcoin's Shift from Gold to Growth Asset

Grayscale's latest findings indicate Bitcoin is now more aligned with equities, especially software stocks, disrupting its traditional safe-haven image.

Recent analysis from Grayscale highlights a significant evolution in Bitcoin's trading patterns, suggesting that its price movements are becoming more closely linked to equities, particularly those in the software sector.

This emerging trend challenges the established perception of Bitcoin as a stable store of value akin to digital gold, at least in the short term.