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Analysis: The outperformance of bitcoin and gold is correlated with increased global liquidity

Bitcoin has rallied 7% in the past five days, topping $64,000 for the first time since Aug. 26. Meanwhile, gold has set a new all-time high more than 30 times this year, topping $2,600 an ounce. Analyst James Van Straten said the stellar performance of bitcoin and gold is correlated with increased global liquidity, the expansion of central banks' balance sheets worldwide, and the Wachovia...

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2024-09-20 12:39:31
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