💥 Commodities hit new highs collectively, not by coincidence, but due to a common thread.
The weakening dollar + escalating geopolitical tensions have directly ignited this round of "hard asset frenzy" in the commodities market👇
🥇 Gold surged to $5540/ounce, with a monthly increase of nearly 30%
🥈 Silver continues to rise by 64% this year after last year's explosive growth
🔩 Copper prices in the London Metal Exchange soared by 5% in a single day
🛢️ Brent crude oil refreshed its highest level since September last year
A key detail: they are all priced in dollars.
When dollar credit weakens, funds naturally flow towards tangible assets that are “visible and touchable.”
🔍 What does this mean for the crypto market?
✅ Positive side:
The strength of gold and silver essentially represents de-dollarization of trading
Bitcoin and tokenized gold logically belong to the same category of “hedging assets” as precious metals
Risk appetite for funds is beginning to shift from fiat currency to “scarce assets”
⚠️ Negative side:
In the short term, some risk-averse funds may prioritize traditional commodities
The “hedging narrative” of crypto assets will face direct competition from real assets
🧠 My core judgment
This round of new highs in commodities is not the end, but a prelude to the repricing of monetary credit.
When hard assets fully activate, the market will ultimately ask one question:
👉 Is there an asset that is both scarce, globally tradable, and does not rely on the credit of the beautiful country?
The answer will sooner or later return to crypto assets.🚀