JPMorgan: The "devaluation trade" of bitcoin and gold is cooling down as investors are withdrawing from safe-haven assets
ChainCatcher news, according to CoinDesk, JPMorgan analyst Nikolaos Panigirtzoglou and others stated that as signs of easing tensions appear in the Middle East, investors are gradually withdrawing from the Bitcoin and gold markets. The "devaluation trade" that had driven demand for both is losing momentum.
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