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Cryptocurrency News

Bitcoin may behave more like US Treasury bonds: Bloomberg Intelligence

08/04/2022

Less than a minute

2022.08.04 12:11

The latest crypto market research from Bloomberg Intelligence suggests that Bitcoin (BTC) may start to behave more like United States Treasury bonds and gold, rather than stocks.

In its August “Crypto Outlook” report, penned by senior commodity strategist Mike McGlone and senior market structure analyst Jamie Coutts, the research unit compared Bitcoin markets to those of gold, bonds and oil.

Source

08/04/2022

Less than a minute