Standard Chartered says "sell gold, buy bitcoin" rotations may become more frequent
According to a report by Jinse Finance, Standard Chartered's latest viewpoint suggests that investors may increasingly engage in "selling gold and buying bitcoin" rotation operations in their asset allocation, indicating that bitcoin is gradually being regarded as an allocation option beyond traditional safe-haven assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A "buy high, sell low" whale once again sells off 3,200 ETH at a loss
Kalshi is in talks with potential investors at a valuation of over $10 billions.
Tesla Q3 Financial Report: Bitcoin Holdings Remain Unchanged, Earnings Reach $62 Million
Trending news
MoreCrypto prices
More
