Gold’s current price of $3,360 is influenced by limited domestic production and possible US government sales. In contrast, Bitcoin shows promise, maintaining a price above 105,000 USD as market sentiment shifts due to weakening dollar and US fiscal issues.
The outperformance of Bitcoin compared to gold is driven by the weakening dollar and significant debt levels. Bitcoin’s market cap is notable at around 2.1 trillion USD, showcasing its potential growth as a preferred asset for investors concerned with fiscal policy.
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