“The Two Assets have had inverse-correlated etf flows on four figrent days in the Last Week.”, – WRITE: www.coindesk.com
ALREADY AMONG The BEST-PERFORMING GLOBAL ASSETS IN RECENT MONHS, GOLD’S RALLY POWERED TO NEW HEIGHTS IN THE SEEKS FOLLOWING President Trump’s Liberation Day Tariffs in Early April.
The Price Ultimately Peaked Above $
Since, Thought, Gold Has Tumbled Nearly 10% to It Current Price Just Above $ 3,200 per OUNCE. At the Same Time, Bitcoin Has Rallied About 10% to A Two Month High of $ 97,000.
BTC VS Gold (Geoffrey Kendrick)
“I Think Bitcoin is a Better Hedge than Gold Against Strategic Asset Realocation Out of the Us,” Said Standard Charted’s Geoff Kendrick.
Kendrick Took Note that etf Inflow Sity Flipped Along with The Price, with Money Headed Into Bitcoin Funds Surging Past that Headed Into Gold Funds.
Further, Said Kendrick, The Last Time Bitcoin Etf Inflows Had Such A Wide Margin Over Gold Was The Week of the US Presidential Election. Two Months Later, The Price of Bitcoin Had Risen More than 40% to Above $ 100,000.
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