Bitcoin isn’t following gold — and that may be the real signal.

US inflation came in broadly as expected, yet gold moved higher while $BTC barely reacted.

That divergence matters.

Gold is still trading like a safe haven. Bitcoin is still behaving more like a risk asset.

But if inflation keeps cooling and rate-cut expectations strengthen, this dynamic could change quickly.

The real question:

Does Bitcoin eventually catch up with gold — or is the market telling us that BTC still has something to prove?

Gold or Bitcoin for the next macro move?

#Bitcoin #crypto #Macro $XAU