Looking at the rise data of various assets this year, it's quite heartbreaking. Silver has risen by more than 128%, gold has increased by over 66%, and even copper has a rise of 35%. Looking at the US stock market, the Nasdaq is up 19.7%, the S&P 500 has a performance of 16%, and even the Russell 2000 small-cap stocks have outperformed quite a bit.
In the cryptocurrency space, BTC has actually dropped by 6%, while ETH has fallen even more by 12%. Interestingly, the A-shares (Shanghai Composite around 15%) that everyone criticized last year have now become a relatively strong sector. For a moment, the ecological position of the market has completely reversed. Looking at this comparison, it is indeed necessary to reflect on the current position of the cryptocurrency space.
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Looking at the rise data of various assets this year, it's quite heartbreaking. Silver has risen by more than 128%, gold has increased by over 66%, and even copper has a rise of 35%. Looking at the US stock market, the Nasdaq is up 19.7%, the S&P 500 has a performance of 16%, and even the Russell 2000 small-cap stocks have outperformed quite a bit.
In the cryptocurrency space, BTC has actually dropped by 6%, while ETH has fallen even more by 12%. Interestingly, the A-shares (Shanghai Composite around 15%) that everyone criticized last year have now become a relatively strong sector. For a moment, the ecological position of the market has completely reversed. Looking at this comparison, it is indeed necessary to reflect on the current position of the cryptocurrency space.