Matrixport: Bitcoin and gold dual trends will drive investment boom

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Cointime2024/10/25 08:55

By:Cointime

According to the latest weekly report from Matrixport, global central banks are working to reduce their dependence on the US dollar, and the rapid rise in sovereign debt is driving the continued growth of Bitcoin and gold. By 2024, gold has risen by 31% and Bitcoin has skyrocketed by 59%, outperforming traditional assets such as bond ETFs and the S&P 500 index's 22% increase. With the approval of Bitcoin spot ETFs and large-scale investments by companies such as MicroStrategy, the importance of Bitcoin in the financial ecosystem is becoming increasingly prominent. In addition, the risks of global economic instability, high government debt, and rising inflation are also increasing demand for these two assets. In the future, the growth of tokenized assets linked to gold prices will provide investors with new investment choices.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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