According to JPMorgan analysis, driven by increased corporate purchases and support from various states in the United States, Bitcoin prices may continue to rise in the second half of the year, while gold prices may decline. Since reaching its peak on April 22nd, gold has fallen nearly 8%, while Bitcoin has risen 18% during the same period. The flow of funds shows that investors are shifting from gold ETFs to spot Bitcoin and ETFs. BTC Gold Investors are divided in their "currency depreciation" hedging strategies, with gold and Bitcoin shifting from resonance to zero sum games, and Bitcoin gaining the upper hand. JPMorgan Chase pointed out that this trend reflects the market's increasing confidence in cryptocurrency assets, challenging the traditional safe haven position of gold.