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Reading: Bitcoin is now competing with gold! Stunning explanations from US Treasury Minister Bessent
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EdaFace Newsfeed > Latest News > Bitcoin and BTC > Bitcoin is now competing with gold! Stunning explanations from US Treasury Minister Bessent
Bitcoin and BTC

Bitcoin is now competing with gold! Stunning explanations from US Treasury Minister Bessent

vitalclick
Last updated: April 5, 2025 6:12 pm
4 days ago
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US Treasury Minister Scott Bessent’s latest statements, Bitcoin $83,642.80He gave important clues about his position in the financial system. Bessent stated that Bitcoin has become a long -term value -storage tool under Bitcoin and turned attention to the crypto money market. Despite fluctuations in global markets, Bitcoin’s stable performance has increased the interest of investors. At a time when the search for safe harbor in the finance world is intensified, the position of digital beings is reshaped.

A new parallel between Bitcoin and GoldUncertainty environment increases the search for alternatives

A new parallel between Bitcoin and Gold

Scott Bessent’s evaluations are that it is considered a similar financial tool, especially under Bitcoin. According to the Treasury Minister, Bitcoin is no longer a speculative investment; It stands out as an entity that can maintain its value in the long run. This began to strengthen the place of digital assets among the traditional investment instruments.

The uncertainty in the markets causes investors to turn to safer ports. At this point, the inclusion of Bitcoin in the same category with gold is an important breaking point for the crypto currency market. The fact that Bitcoin is about $ 83,000 and its steady protection of this level supports Bessent’s statements. This stability makes Bitcoin no longer a volatile vehicle in the eyes of investors and makes it be included in long -term strategies.

Uncertainty environment increases the search for alternatives

The recent fluctuations in the stock markets began to direct investors to alternative assets. In particular, the economic uncertainty, which can be caused by new tariffs described by Trump, made the traditional investment approach questioning. Crypto currencies such as Bitcoin in this atmosphere stand out not only as an alternative, but also as strategic investment instruments.

According to Matrixport’s analysis, the relationship between Bitcoin and the stock markets progresses in parallel to each other in parallel, but digital assets are increasingly drawn their own independent way. Among the corporate investors, this separation is increasingly accepted. Especially in times of high volatility, investors’ efforts to diversify the portfolios of investors trigger the orientation to crypto currencies.

21Shares Crypto Monetary Investment Specialist David Hernandez defends a similar view, saying that investors who exit risky assets are turning to safe ports, ie gold and Bitcoin. Although there is a monthly depreciation of 8 %on a monthly basis, the positive course of the weekly performance shows that Bitcoin tends to recover in the short term.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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