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Bitcoin Rises Sharply as Gold Slumps Amid U.S. Inflation Data Coinotag 16 Aug 2024

Bitcoin Rises Sharply as Gold Slumps Amid U.S. Inflation Data 📈

Peter Schiff USA Bitcoin Gold

The recent sharp decline in gold prices caught many investors by surprise.

Conversely, Bitcoin and other cryptocurrencies surged, reflecting a stark contrast in market sentiment.

Peter Schiff, a noted gold advocate, highlighted the dramatic market shifts.

This trend underscores the ongoing debate around Bitcoin as a hedge against inflation, particularly in the context of fluctuating gold prices.

Quelle: en.coinotag.com ↗

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