BUSINESSTHE BLOCK
JPMorgan says debasement trade retreat has ‘accelerated’ for bitcoin
JPMorgan analysts stated that the retreat from the debasement trade has continued for gold and accelerated for bitcoin in recent weeks. The debasement trade refers to investments in assets like gold and bitcoin during periods of currency devaluation.
Related Signal
Adjacent reporting
- JPMorgan says bitcoin and gold ETF outflows point to ‘cooling’ debasement trade amid hopes for Iran-US deal
- Is the ‘debasement trade’ dead? Outflows from gold and bitcoin ETFs suggest investors are moving on
- JPMorgan says bitcoin is gaining over gold as debasement trade after Iran conflict
- 'Debasement trade’ falls out of favor as inflation fears cool, JPMorgan says
- The wealthiest investors are pulling money out of the U.S. in the 'de-dollarization' trade
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