Bitcoin’s $90K rejection: Is BTC's digital gold narrative losing to bonds?

Bitcoin's recovery relied on a shift toward the "digital gold" narrative, but global growth risks and strong equity markets have delayed that breakout.

Key takeaways:

Bitcoin failed to break $90,000 again as investors favored gold and bonds.

S&P 500 record highs and lower interest rates have reduced Bitcoin’s appeal as a hedge compared to traditional equities.

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