🔥JPMorgan points to gold and Bitcoin as safe haven assets amid growing global uncertainty 🚀

Analysts at JPMorgan say that rising geopolitical tensions and the upcoming US presidential election are pushing #inversores towards #Oro and #Bitcoin! as “#activos safe havens.”

According to an article published in marketwatch , JP Morgan analysts point out that the current war conflicts and the upcoming elections in November are factors that reinforce the “debasement trade,” benefiting gold and Bitcoin.

As a concept, the “debasement trade” is driven by a combination of factors such as increased geopolitical uncertainty, inflation, government deficits, and distrust in fiat currencies, elements that we are seeing gradually increase.

So far, gold has been seen responding well to this uncertainty, reaching almost $2,700 levels. On the other hand, the price of $BTC has been hit, struggling not to lose the $60,000 levels.

Although the price of bitcoin is retreating, others are seeing this fact as an opportunity to buy more Bitcoin, and according to Coinglass, many are preparing with orders below $60,000.

In addition, a Cryptoonchain analyst points out that a greater number of aggregate withdrawals from centralized exchanges are being observed, something that has not been seen since the bear market of 2022.

In the face of global uncertainty in the market,

Will you buy more Bitcoin now or wait for lower prices?

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