JPMorgan: Bitcoin, Gold ETF Outflows Signal Debasement Trade Unwind
JPMorgan said the debasement trade in Bitcoin and gold is losing momentum, with synchronised exchange-traded fund outflows signaling a broad unwind of hedges tied to inflation and US-Iran tensions, according to a research note dated May 28. Nikolaos Panigirtzoglou, a strategist on JPMorgan's
BTC-0.91%
LucasBennett·05-29 11:59
