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Bitcoin Could Continue to Rally in 2024, Key Indicator Suggests

Bitcoin has surged over 150% this year, beating traditional assets like the S&P 500, gold, and the U.S. dollar by a huge margin. And some key indicators suggest bitcoin could continue to rally in 2024. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Cathie Wood Likes Bitcoin as Both Deflationary and Inflationary Hedge

Wood would choose bitcoin over gold "hands down" as an asset to hold for the next ten years.

Ark Invest CEO Cathie Wood (Marco Bello/Getty Images, modified by CoinDesk)

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Bitcoin Round-Trips Its Way Back Under $35K as Fidelity's Timmer Calls It 'Exponential Gold'

The world's largest crypto remains in the green over the past 24 hours, but has slumped nearly 4% from its overnight high.

All but one of the recently launched spot bitcoin exchange-traded funds (ETF) charge a lower fee than the largest gold ETF, making them a cheaper investment into a gold-like asset. (Unsplash)

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Bitcoin Eyes $31K as Gold Offers Bullish Cues

Interest rate-sensitive assets, such as Gold, are seeing bullish momentum in a positive sign for bitcoin, one observer said.

BTC 30K updated

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Billionaire Paul Tudor Jones Backs Bitcoin and Gold as Geopolitical Risks Rise

Jones said the U.S. in moving towards an “untenable fiscal position.”

Paul Tudor Jones (Kevin Mazur/Getty Images for Robin Hood)

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Bitcoin Is Better Than Digital Gold: Matrixport

SEC approval of a U.S.-listed spot bitcoin ETF could result in inflows of as much as $30 billion, a report by the crypto services provider said.

Gold (Credit: Shutterstock)

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A Bitcoin ETF Has Golden Parallels From History

Gold ETFs dramatically shook up markets. A spot bitcoin ETF could do the same.

(Joshua Sortino/ Unsplash)

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Bitcoin Vapid, Gold Weakens as Russian Ruble and Argentinian Peso Crash

The latest crash in ruble and peso represents reveal cracks in the global market, per one observer. Still, perceived safe havens like bitcoin and gold remain under pressure.

Crypto carnage could be warning sign for equities (Getty Images)

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BlackRock CEO Larry Fink Talks Up Crypto Demand From Gold Investors

The asset management giant last month applied with regulators to open a spot bitcoin ETF.

BlackRock CEO Larry Fink (Getty Images)

Финансы

Tether Reports $1.48B Profit in Q1, Reveals Bitcoin, Gold Reserves

The company’s USDT stablecoin has seen rapid growth this year as the U.S. banking crisis hit rivals.

(Nikhilesh De/CoinDesk)

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