🔥 Banking giant JPMorgan equates gold with #البيتكوين

🔥 The bank pointed out that as investors increasingly seek tools to hedge against geopolitical risks and inflation, gold and bitcoin have become structurally more important components of investment portfolios.

🔥 This trend is supported by record capital flows into the cryptocurrency market in 2024.

🔥 JPMorgan explained that the 'depreciation trade' refers to the increased demand for gold and bitcoin caused by various factors, including structurally elevated geopolitical uncertainty since 2022, ongoing uncertainty about the outlook for long-term inflation, and concerns about 'debt depreciation' due to persistently high government deficits in major economies