JP Morgan analysts expect Bitcoin to outperform gold for the rest of the year ...Middle East

forex live - News
JP Morgan analysts expect Bitcoin to outperform gold for the rest of the year

JP Morgan analysts expect Bitcoin to outperform gold for the rest of the year.

Citing:

    "debasement trade" where investors buy gold and Bitcoin as a hedge against weakening international currencies has turned into a zero-sum game in 2025gold was gaining, and Bitcoin was losing ... until recentlysince April’s peak, gold prices have declined Bitcoin has gainedflow of money taken out of gold exchange-traded funds (ETFs) and being poured into spot bitcoin and crypto funds since April

    JP Morgan also note

    New Hampshire crypto bill - state can invest up to 10% of its public funds in Bitcoin and precious metals Arizona also passed a similar lawas more US states rule to invest in Bitcoin, it could act as a “sustained positive” catalyst

    ----

    You can track this call using our free charts, here is BTC/XAU:

    This article was written by Eamonn Sheridan at www.forexlive.com.

    Read More Details
    Finally We wish PressBee provided you with enough information of ( JP Morgan analysts expect Bitcoin to outperform gold for the rest of the year )

    Also on site :