A Wednesday report from JPMorgan says that Institutional buyers are dumping bitcoin in favor of gold, reversing a current development that’s performed out during the last two quarters. The agency mentioned giant buyers are shifting away from bitcoin after favoring the digital forex over gold starting final Fall.
Our Daniela Cambone speaks with Todd “Bubba” Horwitz founding father of bubbatrading.com and an avid market watcher, to get this ideas on the transfer.
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Extra on what’s behind the newest crypto plunge: https://stansberryinvestor.com/media-article/363849
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