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Bitcoin, Gold Could Benefit From Rising Geopolitical Tension and U.S. Election: JPMorgan

Geopolitical risk and the upcoming U.S. election are likely to reinforce the 'debasement trade,' to the benefit of both bitcoin and gold, the report said.

Updated Oct 4, 2024, 8:20 a.m. Published Oct 4, 2024, 8:17 a.m.
Bitcoin and gold to both benefit from rising geopolitical tension and U.S. election: JPMorgan. (Shutterstock)
Bitcoin and gold to both benefit from rising geopolitical tension and U.S. election: JPMorgan. (Shutterstock)