“Analyzing the BTC to gold ratio, we can see that the downtrend [indicative of gold’s outperformance since March] is starting to reverse. Globally, investors will increasingly focus on hedging against currency debasement and capitalizing on the Trump market play, both of which favor BTC,” Noelle Acheson, author of the Crypto Is Macro Now newsletter said.
Related posts
-
Analysts Debate Bitcoin Next Move As BTC Hits $75K All-Time High
Este artículo también está disponible en español. Bitcoin has experienced a notable surge in price, reaching... -
Dogecoin Primed for Massive Breakout: Peter Brandt Says ‘In Musk We Trust’
Dogecoin is set for a major rally, with veteran... -
Bitcoin ETFs log $621.9m inflows as BTC hits all-time high of $76K
Spot Bitcoin exchange-traded funds in the U.S. recorded $621.9 million in net inflows on Nov. 6...