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CoinDesk - by layer3.news
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2025-02-05 12:32:46
in reply to nevent1q…6dwm

Bitcoin-Gold Ratio at 12-Week Low as U.S. Physical Gold Deliveries Soar


CoinDesk (nprofile…nhef)
✍️ Gold prices surge amid US-China trade war fears, while bitcoin struggles to gain traction.
👉 Gold prices surge amid US-China trade war fears
👉 Bitcoin struggles to gain upside traction
👉 Bitcoin-gold ratio drops to 34, its lowest level since November
👉 Gold demand surges due to safe-haven demand and Spring Festival holidays
👉 JPMorgan plans to deliver $4 billion of gold bullion to New York this month

#MarkusThielen #NewYork #China #business
CoinDesk (nprofile…nhef)

Traders have been loading the yellow metal on U.S.-bound planes. Investment banking giant JPMorgan plans to deliver $4 billion of gold to New York this month.
https://www.coindesk.com/markets/2025/02/05/bitcoin-gold-ratio-at-12-week-low-as-u-s-physical-gold-deliveries-soar

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