Bitcoin and Gold Split as Central Banks Drive One, Retail the Other - CoinMarketCap

Bitcoin and Gold Split as Central Banks Drive One, Retail the Other - CoinMarketCap

Source: CoinMarketCap

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DW NOTE

Central banks bought 1,037 tonnes of gold last year — their largest spree since 1967. Bitcoin has no central bank bid. That's not a weakness, it's the entire point. One asset gets hoarded by institutions trying to escape the dollar system they're simultaneously debasing. The other gets bought by people trying to escape institutions.

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