đ **Gold & Bitcoin: The Dynamic Duo in a Debasement Trade!** đȘ
Investors are flocking to gold and Bitcoin (BTC) as geopolitical tensions rise, says a JPMorgan report. This "debasement trade" is driven by fears of inflation and high government deficits.
- BTC futures on CME surged from 10,000 to 40,000 contracts in 2024.
- Bitcoin ETFs saw a $20 billion inflow this year.
- SEC approved spot BTC and ETH ETFs.
With the US elections around the corner, a Trump win could turbocharge this trend. đ„
What do you think? Is Bitcoin the new gold? Drop your thoughts below! âŹïž