Bitcoin Price Is Decoupling From Gold Again — What’s Happening?

Quick Summary:

Bitcoin has often been referred to as the "digital gold,” as it has proven to be a unique asset class and, more importantly, a reliable store of value over the years.

While gold surely outpaces BTC in age, both assets are commonly used by investors as a hedge against economic instability and inflation.

According to the pundit, there is an ongoing decoupling between the crypto market leader and the gold market.

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Article Details

Author / Journalist: Opeyemi Sule

Category: Crypto

Markets: Hungary

Topics: Bitcoin Mining Bitcoin PR Buzz BTCUSDT Bitcoin Debit Card Bitcoin Digital gold Reviews Bitcoin Technology Gold PR Buzz Coindesk-test Hidden Online Privacy Bitcoin News Bitcoin Breaking News Brief Bitcoin price

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-24 @ 11:30:29 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 409 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23792037

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 10 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #105

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