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bitcoin shifts from digital gold to key market performance indicator

Bitcoin's role is shifting from being viewed as "digital gold" to a key market performance indicator, according to Swiss financial institutions. Its volatility and close ties to risky assets have diminished its status as a safe haven, prompting experts to reassess its value in the cryptocurrency ecosystem. Despite this, Bitcoin remains a crucial benchmark for market sentiment, influencing the performance of altcoins and the broader crypto market.
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