JPMorgan Chase analyst: During the COVID-19 pandemic, young investors prefer Bitcoin, and older investors choose to buy gold

Bloomberg quoted Nikolaos Panigirtzoglou, an analytical strategist at JPMorgan Chase, as reporting that there were significant differences in the behavior of retail investors of different age groups during the new crown epidemic. Young investors are buying Bitcoin, while older investors are choosing to buy gold. In addition, millennials prefer technology stocks, while older investors are selling stocks. Gold and Bitcoin ETFs have seen strong capital inflows in the past 5 months, and the correlation between Bitcoin and gold has also soared.