JPMorgan: Gold and Bitcoin Surge as Debasement Trade Gains Momentum

By Bitcoin News | Created at 2024-10-04 01:31:43 | Updated at 2024-10-04 03:23:23 1 hour ago
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 Gold and Bitcoin Surge as Debasement Trade Gains MomentumGlobal investment bank JPMorgan’s analysts have highlighted the growing impact of the “debasement trade” in boosting gold and bitcoin prices. Gold’s rise is linked to inflation, geopolitical instability, and waning trust in fiat currencies. Both institutional and retail investors are viewing gold and bitcoin as safe havens amid global economic uncertainty, with future trends depending […]
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