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BitDegree 2024-03-15 13:44:49

Beyond Rivalry Gold and Bitcoin Draw Equal Investment Interest

Key Takeaways JPMorgan's report counters the theory of investors shifting from gold to Bitcoin, revealing that investments are being made in both. Institutional and speculative investors have significantly contributed to the rally in both gold and Bitcoin futures since February. MicroStrategy's substantial Bitcoin purchases are highlighted as a factor adding to the market's current dynamics, with a note on the potential risks of such strategies.

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