Bitcoin and Gold Rise Together as Investors Seek Safety from Market Crash Fears

Bitcoin and gold are rising simultaneously, suggesting investors are seeking assets not tied to the financial system.

This happened before in March 2023 during a regional banking crisis, indicating fear of counterparty risk.

High yield credit spreads and weak bank stocks also show increasing financial system stress.

The macroeconomic landscape has many risks - high debt, rising rates, more bankruptcies.

The price action in Bitcoin and gold warns that a market crash may be imminent.