Are Investors Rotating Out of Gold Into Bitcoin?

Gold’s recent decline has extended into its worst losing streak in more than a century, last seen in February 1920. Prices have retreated over 25% from January highs. It even dipped briefly to $4,090 before staging a partial recovery to about $4,455 midway through the week. Despite speculation that capital was rotating from gold into BTC, new data suggests weakness in both assets. Bitcoin Fails to Capture Gold&…