Analysis: Bitcoin may become preferred option over bonds if U.S. economy worsens
December 09, 2024, 3:45 PM
Brianq, a pseudonymous analyst at on-chain analytics firm Santiment, said that investors are moving away from traditional bond markets towards alternative assets such as gold and Bitcoin. He added that if the U.S. fiscal deficit expands and inflation continues to rise, bonds will become less attractive compared to real assets like gold and Bitcoin. As a result, Bitcoin and gold are becoming relatively more attractive investment options compared to bonds.
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