Bitcoin decoupling from tech stocks indicates new geopolitical use as economic hedge – StanChart
Bitcoin's dual-purpose role expands, serving both as a growth trade and as a hedge against geopolitical risks.
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Bitcoin is making headlines as it decouples from tech stocks, signaling its growing role as a geopolitical hedge amid global economic tensions. VanEck highlights Bitcoin’s strategic allure as a neutral asset during trade disputes, underscoring its resilience in turbulent times. Explore today’s key developments to gain deeper insights into the evolving cryptocurrency landscape.
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The global crypto market cap is $2.65 trillion, with a 24-hour volume of $60.78 billion. The price of Bitcoin is $82,711.63, and BTC market dominance is 61.9%. The price of Ethereum is $1,787.42, and ETH market dominance is 8.1%. The best-performing sector is Gambling, which gained 21%. The Crypto Fear & Greed Index is currently Extreme Fear (30).
📰 Top News
Bitcoin decoupling from tech stocks indicates new geopolitical use as economic hedge – StanChart
Bitcoin's dual-purpose role expands, serving both as a growth trade and as a hedge against geopolitical risks.
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Global trade tensions are boosting Bitcoin’s strategic allure – VanEck
VanEck's Matthew Sigel highlighted Bitcoin's resilience as a neutral asset amid geopolitical trade disputes.
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