Gold at $4,000: Is the ‘debasement trade’ about to flood BTC ETFs?
PositiveCryptocurrency

Gold has reached an impressive $4,000 per ounce, marking a significant milestone that could influence Bitcoin demand and lead to substantial investments in spot ETFs this fourth quarter. This surge is part of the 'debasement trade,' where investors are moving their money from traditional cash and bonds into assets that maintain their value amid rising government debt. This trend is crucial as it highlights a shift in investment strategies, potentially benefiting both gold and Bitcoin markets.
— Curated by the World Pulse Now AI Editorial System