JPMorgan analysts have identified the trend known as “debasement trade” as a lasting phenomenon. This trend highlights that gold and Bitcoin
$99,680 have become fundamental components of investment portfolios.
Bitcoin and Gold
Debasement trade is a strategy of shifting towards assets like gold and Bitcoin, considering factors such as rising government debt, geopolitical tensions, and inflation fears. This strategy is gaining traction as investors worry about a resurgence of inflation.
Developments in the Cryptocurrency Markets
Analysts noted that gold prices have risen more than expected over the past year, relative to the movements of the dollar and bond yields. The report emphasized that the revival of debasement trade, along with record capital inflows into the cryptocurrency markets in 2024, has positioned Bitcoin as a significant asset in investor portfolios.
“The unexpected rise in gold prices indicates a revival of debasement trade,&r...

















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