Wintermute: Bitcoin, XRP, Gold Benefited From 'Debasement Board' Last Week
Bitcoin posts its best week since March 2024 as crypto and gold surge together, prompting Wintermute to flag a debasement trade.
Bitcoin and gold went up a lot together last week because people were worried about money losing value. When you see different things like crypto and gold going up at the same time, it might mean people are nervous about the overall money system.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.
