JPMorgan: Bitcoin and Gold Set to Gain from “Debasement Trade” Amid Rising Geopolitical Tensions

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JPMorgan: Bitcoin and Gold Set to Gain from "Debasement Trade” Amid Rising Geopolitical Tensions As geopolitical tensions intensify between Iran and Israel, Bitcoin and gold are expected to benefit from the "debasement trade,” according to JPMorgan strategists, as reported by CryptoGlobe.

As geopolitical tensions intensify between Iran and Israel, Bitcoin and gold are expected to benefit from the “debasement trade,” according to JPMorgan strategists, as reported by CryptoGlobe.

Alternative Store of Value: With declining confidence in fiat currencies, gold and Bitcoin offer alternatives that are not directly tied to the policies of any single government or central bank, providing a measure of independence and stability.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaIsrael

Topics: JPMorgan Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-04 @ 15:32:14 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 776 words

Reading Time: 5 minutes read

Sentences: 35 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 22883114

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News Last Updated: 12 hours ago

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