Bitcoin loses to gold as debasement trade with BTC at 2-year lows: Analysis

Bitcoin failed to become investors’ choice as the debasement trade as BTC price action slumps while gold and silver hit repeat all-time highs, said analysis.

Bitcoin (BTC) is looking like the loser versus gold as precious metals top new all-time highs Monday.

Key points:

Bitcoin is not the debasement trade after years of loses against gold, analysis concludes.

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