Why do Bitcoin and gold move differently if they are both safe-haven assets? Is it because of excessive US government intervention? Gold has already risen to around $4,800 per ounce, and some predict it will reach $5,000.
So, is Bitcoin just a commodity and not a safe-haven currency? After the petrodollar, what will be the next dollar peg? Let's wait and see.
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Why do Bitcoin and gold move differently if they are both safe-haven assets? Is it because of excessive US government intervention? Gold has already risen to around $4,800 per ounce, and some predict it will reach $5,000.
So, is Bitcoin just a commodity and not a safe-haven currency?
After the petrodollar, what will be the next dollar peg? Let's wait and see.