Is Bitcoin a Risk-On or Risk-Off Asset? A Comparative Analysis of Gold and Stocks

Over the past decade, Bitcoin has emerged as a significant topic in financial circles. Its decentralized nature and potential for high returns have attracted investors and traders alike. However, it also exhibits significant volatility and uncertainty. Determining whether Bitcoin is more of a risk-on or risk-off asset requires understanding its characteristics and how it interacts with other markets. This article will examine the unique aspects of Bitcoin, explore its relationship with the U.S. dollar, and provide strategies for managing its volatility.