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Gold outflows are pushing Bitcoin greater By Cointelegraph

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Specialists: Gold outflows are pushing Bitcoin greater

In line with a number of specialists, one doable cause for Bitcoin’s outstanding current worth rise are large investor outflows from one other common inflation hedge: gold.

swooned over the previous week, falling 4.62% to $1,857. The asset beforehand had been surging in unison with , which is up over 40% from $28,000 lows final week.