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Bitcoin Moves Closer to Gold as US Debt Revives Debasement Trade

Bitcoin Moves Closer to Gold as US Debt Revives Debasement TradeWorldPing

Bitcoin is behaving less like a technology stock and more like gold as its correlations shift sharply, according to Grayscale. Rising U.S. debt and renewed fiscal concerns are also bringing the debasement trade back into focus.

This is a short WorldPing brief. The full report was published by Bitcoin.com.

Read the full report at Bitcoin.com

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