ChainCatcher news, according to DL News, Bitcoin prices soared above $94,000 on Wednesday, with some analysts suggesting this indicates a shift in investor valuation of the asset.Analyst Gautam Chhugani from brokerage firm Bernstein stated in a report to clients: "In all my time studying cryptocurrencies, this is the best performance I've seen from Bitcoin. At times like this, it's hard not to invest in cryptocurrencies."Bitcoin has shown relative resilience during the decline of the Nasdaq index, and after the Nasdaq index rebounded, Bitcoin rebounded even more. Investors may now increasingly view Bitcoin as a non-sovereign store of value, as well as a tool for hedging against geopolitical uncertainty, policy missteps, and currency devaluation."

ChainCatcher news, according to Jinshi reports, Ray Dalio, the founder of the world's largest hedge fund Bridgewater, recently warned the Trump administration that if it does not immediately commit to reducing the deficit, the United States may face a significant debt crisis within the next three years. Dalio stated, "It's like a heart attack------you are gradually approaching danger. My guess is about three years, with a margin of error of about a year."In the face of currency devaluation risks, Dalio believes that investors must seek "alternatives with stable supply." He specifically pointed out the advantages of Bitcoin: "Unlike real estate, Bitcoin cannot be easily seized or taxed."When asked if he is more optimistic about gold than ever, he gave an affirmative answer: "The current environment indeed enhances the allocation value of gold------but I want to emphasize that no one can accurately predict the future; what investors need is to build a moderately diversified portfolio."Dalio suggested that an allocation of 10%-15% in gold in a theoretical investment portfolio falls within the "prudent" range: "A small amount of gold can provide protection and achieve diversification. The key is to avoid over-allocating to any asset."

Chain Catcher news, Messari senior analyst @dunleavy89 stated that in the face of currency devaluation crises, the vast majority of euro and pound holders choose to buy BTC to maintain purchasing power, a trend that did not occur during crises before 2020 or 2021.In addition, Ethereum has not shown such a trend, and compared to the past two years, ETH's recent trading volume is quite insignificant. (Source link)