Scott Bessent Lit the Match. Bitcoin ETFs Are Turning the Digital Gold Trade Back On
Bitcoin (CRYPTO: BTC) clocked the strongest weekly rally in years, making the cryptocurrency start to look less like a high-beta stock proxy and more like digital gold.Bitcoin jumped roughly 23% in the week ended Aug 21, while gold gained about 5%, the dollar weakened 0.8% and the S&P 500 fell 1.4…
Bitcoin (CRYPTO: BTC) clocked the strongest weekly rally in years, making the cryptocurrency start to look less like a high-beta stock proxy and more like digital gold.Bitcoin jumped roughly 23% in the week ended Aug 21, while gold gained about 5%, the dollar weakened 0.8% and the S&P 500 fell 1.4…
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