GlassNode co-founder: Cryptocurrencies will be the ultimate beneficiaries of rising hard asset prices.

On December 1st, Negentropic, co-founder of the on-chain analytics platform Glassnode, published an article on the X platform stating that historically, simultaneous increases in the prices of the three precious metals—copper, silver, and gold—usually trigger: better performance of Bitcoin, momentum in altcoins (especially highly liquid altcoin assets), and a structural bull market transition. This is because rising prices of hard assets often indicate that global liquidity is shifting from financial tightening to expansion, and cryptocurrencies will be the biggest beneficiaries.