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First Mover: Bitcoin Needs No Vaccine as Druckenmiller Lays Down 'Better Bet'

Price reaction to vaccine breakthrough renews dialogue over whether bitcoin trades like a risk-on asset, inflation hedge or neither.

Updated Sep 14, 2021, 10:29 a.m. Published Nov 10, 2020, 2:10 p.m.
What exactly are bitcoin traders betting on? Hedge fund legend Stan Druckenmiller calls it a better gold bet than gold itself.
What exactly are bitcoin traders betting on? Hedge fund legend Stan Druckenmiller calls it a better gold bet than gold itself.