Investors are switching from Bitcoin to the US dollar and bonds because of the increasing trend in the US.
Investors are choosing Bitcoin as a "digital gold 2.0" due to its stability.
There's a high correlation between Bitcoin (0.4) and gold (0.6).
Bitcoin is often uncorrelated with gold, and the S&P 500 is correlated to it.
Though Bitcoin has been rising, its correlation will not change from the indices.
Gold prices have risen by 10% over the last year amidst Russia and Ukraine's tension.
When rates rose, gold lost its gains, only to be increased when depression in the economy worsened.
As economic instability increased and consumer prices soared, which kept investment rates low.
It may change as more investors are attracted to Bitcoin, whose values have been falling recently.