Diversification tends to work, until market regimes change. The past few years have shown that traditional relationships are not always stable. That context has prompted renewed analysis of assets perceived to behave differently - though no asset class is without its own risks in shifting regimes. Gold has long played that role. Bitcoin is increasingly entering the same conversation. What’s often missing is a joint framework. In our upcoming webinar, together with Fabio Massellani and @ladyinfinance from @DIAMANpartners, we examine: – How both assets behave across drawdowns and recoveries – Why return sequences matter more than correlations – How different approaches appear in real portfolios This is less about conclusions and more about refining the framework. Register now here: https://t.co/l0VgeSp0bi #BitwiseEurope * Marketing communication. This is an announcement of an event designed for professional investors. It is not suitable for retail audience and the general public reliance. Not investment advice or a personal recommendation. Cryptoassets are high-risk, you may lose all capital invested. Past performance is not a reliable indicator of future results.