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BTC $63,884.43 -4.31%
ETH $1,772.47 -4.36%
BNB $603.53 -5.05%
XRP $1.17 -4.62%
SOL $69.69 -6.13%
TRX $0.3287 -1.68%
DOGE $0.0891 -4.62%
ADA $0.1893 -11.44%
BCH $246.83 +1.22%
LINK $8.02 -5.05%
HYPE $67.06 -7.61%
AAVE $71.94 -5.36%
SUI $0.7903 -5.00%
XLM $0.2098 -7.43%
ZEC $527.40 -16.11%

Bloomberg: Bitcoin's annual increase lags behind gold, Trump's remarks trigger a rise in safe-haven demand

2025-02-08 17:56:50
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ChainCatcher news, according to Bloomberg, Bitcoin is currently under pressure after outperforming most asset classes in 2024. Data shows that Bitcoin has only risen about 3% this year, while gold has increased by 9%.

On February 4, Trump stated that the U.S. might take over the Gaza Strip. Although his aides tried to downplay the remarks, it still pushed gold prices to a historic high of $2,882 per ounce. Currently, the price of Bitcoin is still about 10% below its historical peak.

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