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Chinese Media: Bitcoin Bull Run Could Be Bearish for Gold and Precious Metals

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Chinese Media Bitcoin Bull Run Could be Bearish for Gold and Precious Metals

Chinese Media Bitcoin Bull Run Could be Bearish for Gold and Precious MetalsChinese state media are predicting further declines for gold and the precious market in general amid a possible parabolic advance for Bitcoin (BTC). Indeed, several market analyses show an increasing pivot away from traditional haven assets like gold towards BTC as investors look to capitalize on the top-ranked crypto by market capitalization reaching new heights.

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