Standard Chartered Sees Rise in ‘Buy Bitcoin, Sell Gold’ Trend as $100K Test Nears

Financial giant Standard Chartered is observing a growing trend of investors shifting their holdings from gold to Bitcoin as global market dynamics shift. According to Geoffrey Kendrick, the bank’s global head of digital assets research, this “sell gold, buy bitcoin” rotation could become a recurring pattern in financial markets. This move reflects Bitcoin’s increasing status as a core asset within portfolios, even amidst current economic and geopolitical uncertainties.