Institutional analysis: Bitcoin and US commodities are more closely related.

2022-1-24 11:19
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Bitcoin and US commodities are also more interconnected, according to company data from Jan. 24. It is difficult to say at this time that while Bitcoin has fallen after peaking in November last year, the S&P 500 has outperformed US commodities which fell after gains during The One Month. Bitcoin and the S&P 500 in sync this month, indicating Bitcoin is a dangerous asset, not an inflation hedge. (ten gold)

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2022-1-24 11:17