š¢ Gold at a new peak ā $3,500 per ounce! The market is rushing to safety
ā Today, the price of gold has reached a historic maximum, hitting $3,500 per ounce.
ā The reasons are the same:
⢠geopolitical turbulence,
⢠weakness of the dollar,
⢠demand for safe-haven assets.
What does this mean for crypto?
ā Often, the rise of gold goes hand in hand with Bitcoin ā as an alternative to the fiat system.
ā And if gold is rewriting its peaks, BTC may follow suit ā especially against the backdrop of an impending global economic downturn.
š¢ Subscribe ā we keep our finger on the pulse of the market, from gold to digital gold
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