Gold and silver have outperformed Bitcoin in the current debasement trade, with gold approaching record highs and silver reaching new all-time peaks. Bitcoin, priced at $88,000, has not kept pace, contrary to earlier forecasts by JPMorgan. Analysts attribute Bitcoin's underperformance to its association with risky assets and selling pressure from long-term holders.
Traders are closely monitoring key support and resistance levels for Bitcoin to identify potential entry points. Meanwhile, value investing in the cryptocurrency market remains a priority as participants reassess their risk exposure in light of these developments.
Gold and Silver Surpass Bitcoin Amid Debasement Concerns
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