“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.
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Omkar Godbole
https://www.coindesk.com/markets/2024/11/07/this-metric-points-to-rotation-from-gold-to-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
2024-11-07 08:27:34
