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Forums › BTC, ETH & Macro Markets › Bitcoin recovers $ 89,000 while the decoupling story is growing
Bitcoin and gold are rallying together 🚀, while investors move away from USD risk assets. This fuels the decoupling narrative from traditional markets.
Gold futures crossed $3,500 💰, gaining 30% YTD. Bitcoin also climbed, exceeding $89,000, up 37% YTD. Analysts see this as Bitcoin behaving as an independent, secure asset.
The FNB Bitcoin ETF saw high net entries, indicating renewed institutional interest. Some observers view parallel rallies as a sign of Bitcoin’s maturing role in global finance. 📈
post url: https://altcoin.observer/bitcoin-recovers-89000-while-the-decoupling-story-is-growing/
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