According to Standard Chartered via their official report, Bitcoin is currently considered a better hedge against macroeconomic uncertainty compared to gold. The bank highlights Bitcoin’s stronger price correlation with inflation and its outperformance in risk-off environments over the past year, making it a more attractive asset for portfolio diversification. Standard Chartered notes that institutional inflows into Bitcoin ETFs and the cryptocurrency’s limited supply have strengthened its hedging properties, presenting significant trading opportunities for both short-term and long-term investors (source: Standard Chartered, 2024 Market Outlook).