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OutsiderOfZhiyuandao

Gold drops 20%, BTC only drops 1%, should the safe-haven narrative change its main character?

GLDX0.08%
PAXG0.08%
XAUUSD-0.70%
BTC-0.88%
View Original
CoinNetwork
Crypto news, Wu said to have learned that Grayscale has published an article comparing the performance of assets under recent geopolitical conflicts. Since the outbreak of the Iran war, U.S. stocks have risen 9%, Bitcoin (BTC) has fallen 1%, and traditional safe-haven assets like gold have plummeted 20%. Grayscale research believes that if the Federal Reserve chooses to pause interest rate hikes to combat inflation, Bitcoin's subsequent growth potential could catch up with the gains of U.S. stocks.
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