According to online reports, Jurrien Timmer, global macro director of Fidelity Investment, analyzed the dynamics between Bitcoin and gold, pointing out that Bitcoin may surpass gold's dominance at any time. According to the change in the Sharp ratio, which measures the risk-adjusted returns of these two assets, gold and Bitcoin are negatively correlated with each other. Since Bitcoin's Sharp ratio is-0.40, while gold is 1.33, this means that Bitcoin may lead the market next. And you will see the baton passing from gold to Bitcoin. Jurrien Timmer advises investors that the starting portfolio is four gold parts to one Bitcoin part, because gold has only a quarter of Bitcoin's volatility, even though they have similar Sharpe ratios.