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Is Bitcoin's Rally Fueled by More Than Just Spot ETFs? 👀 Forget about new Bitcoin #ETFs being the sole reason for its price surge to $72,000. Analysts say there's a bigger party going on – inflation, potential student loan forgiveness ballooning the US debt, and trade tensions are the real DJs. Bitcoin's acting like #gold , a safe haven for investors worried about inflation and shaky economies. Even though a wobbly economy can hurt Bitcoin too, investors seem to be more interested in hedging their bets than just buying more Bitcoin. Could this be a sign of a global #economic storm brewing? #Binance #crypto2024

Is Bitcoin's Rally Fueled by More Than Just Spot ETFs? 👀

Forget about new Bitcoin #ETFs being the sole reason for its price surge to $72,000. Analysts say there's a bigger party going on – inflation, potential student loan forgiveness ballooning the US debt, and trade tensions are the real DJs.

Bitcoin's acting like #gold , a safe haven for investors worried about inflation and shaky economies. Even though a wobbly economy can hurt Bitcoin too, investors seem to be more interested in hedging their bets than just buying more Bitcoin.

Could this be a sign of a global #economic storm brewing?

#Binance

#crypto2024

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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