Bitcoin Moves With Tech, Not Precious Metals, Analysts Find
Bitcoin’s image as a steady store of value is being tested. What once was talked about as a hedge against uncertainty now moves more like a high-upside, high-risk bet. Related Reading: Jim Cramer Suggests US Government Could Buy Bitcoin Near $60K Signals Of A Growth Asset According to Grayscale, recent trading patterns show Bitcoin tracking closely with shares of software companies rather than with gold or silver. That change in behavior has been noticeable since early 2024, when institutional flows and exchange-traded products pushed crypto into more mainstream hands
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