Odaily reports that the exchange rate of Bitcoin against gold has broken below the upward trend line that has been maintained for more than 12 years. Well-known analyst NorthStar said that if Bitcoin remains below the gold trend line for a week or even a month, this breakthrough may signal the end of Bitcoin's 12-year bull market. Gold has hit new highs, while the upward trend of Bitcoin has cooled. According to data from the World Gold Council, as of March 14, US spot gold ETFs have attracted over $6.48 billion in inflows so far this year. Meanwhile, US spot Bitcoin ETFs have seen nearly $1.46 billion in outflows so far this year. The driving force behind this divergence is the growing macroeconomic uncertainty and risk-averse sentiment, and Trump's aggressive trade policy has exacerbated this situation. (Cointelegraph)