Odaily Planet Daily analyst James Van Straten said that the US dollar, which usually strengthens in a safe haven environment, is currently weakening as capital flows into the Japanese yen and euro. In this new landscape, alternative assets are occupying a central position. Gold surged to $3500 per ounce for the first time, consolidating its position as a safe haven asset. The rapid growth of gold is reflected in the fact that its market value has increased by approximately $6 trillion this year, which is three times the historical high level of Bitcoin (BTC) market value. However, although Bitcoin lags behind gold, it is also regaining its foothold, reaching a new high in dominance in the cryptocurrency market and beginning to diverge from US tech stocks. This Friday, Bitcoin options worth $6.7 billion are about to expire, including $330 million call options with an strike price of $100000, and there may be fluctuations in the last week of April. （CoinDesk）
