Bitcoin and gold have both been performing rather well throughout the past several weeks
This has led the two assets to see a striking correlation to one another, which comes as Bitcoin rapidly begins transforming into a firm “safe haven” asset
Prominent hedge funds are now noting that they are growing extremely bullish on the precious metal
It is a strong possibility that gold’s potentially imminent exponential price rise could also help boost Bitcoin – assuming that the two assets remain correlated
Bitcoin and gold have both been performing rather well against a backdrop of immense global turbulence. The two assets have solidified their positions as “safe haven assets” as they firmly outperform the stock market.
It now appears that gold’s immense price rise in recent times may just be getting started, as a recent…
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