Gold at $4,000: Is the 'debasement trade' about to flood BTC ETFs?

Gold pushed through $4,000 per ounce for the first time this week, validating a macro narrative that is spilling into Bitcoin demand and positioning spot ETFs for record fourth-quarter flows. The &...

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Gold at $4,000: Is the 'debasement trade' about to flood BTC ETFs?

Source: CryptoSlate

Gold pushed through $4,000 per ounce for the first time this week, validating a macro narrative that is spilling into Bitcoin demand and positioning spot ETFs for record fourth-quarter flows. The “debasement trade” involves investors shifting their holdings from fiat-denominated cash and bonds into assets that retain purchasing power when government debt is high or […]