Opinion: After Trump's victory, institutions will increasingly prefer to fight inflation through Bitcoin rather than gold

avatar
MarsBit
6 hours ago
This article is machine translated
Show original
According to The , Deenar co-founder Maruf Yusupov said that the rapid rise of Bitcoin after Trump's victory in the US election may be reshaping people's traditional views on inflation hedging. Trump's focus on tax cuts, tariffs, and cryptocurrencies is driving interest in Bitcoin as a modern alternative to gold. With the accelerating institutional adoption, we may see a significant shift of capital from gold to digital assets. Nigel Green, CEO of the deVere Group, also stated that Bitcoin is increasingly seen as a tool for hedging inflation and diversifying investment portfolios, and institutional interest has reached an all-time high, with the infrastructure supporting large-scale adoption constantly expanding. Fadi Aboualfa, Head of Research at Copper.co, expressed a similar view, and also emphasized the increasingly similar price trend patterns between spot Bitcoin and gold exchange-traded funds (ETFs).

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments