Quartz reports the cryptocurrency's gains as traders shift from dollars into crypto and gold.
Quartz posted about Bitcoin's performance this week. The business news outlet noted the token's gains as part of what it called the debasement trade. According to the post, Bitcoin has risen 4.6 percent and reached its highest price since May. Traders are moving away from dollars into crypto and gold. The report links to an article on the same topic titled Bitcoin nears third straight winning week on debasement trade. The attached image shows rows of physical Bitcoin tokens in gold color.
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Quartz reports the cryptocurrency's gains as traders shift from dollars into crypto and gold.
Quartz posted about Bitcoin's performance this week. The business news outlet noted the token's gains as part of what it called the debasement trade. According to the post, Bitcoin has risen 4.6 percent and reached its highest price since May. Traders are moving away from dollars into crypto and gold. The report links to an article on the same topic titled Bitcoin nears third straight winning week on debasement trade. The attached image shows rows of physical Bitcoin tokens in gold color.
Quartz@qzBitcoin is surging toward its third winning week as the debasement trade returns: The token is up 4.6% this week and hit its highest price since May, as traders move away from dollars into crypto and gold https://dlvr.it/TVKX3b
Quartz@qzBitcoin is surging toward its third winning week as the debasement trade returns: The token is up 4.6% this week and hit its highest price since May, as traders move away from dollars into crypto and gold https://dlvr.it/TVKX3b
