Bitcoin holds ground as gold, silver slide on ETF outflows and liquidity strains: JPMorgan
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مدعوم بالذكاء الاصطناعيBitcoin is holding its value despite a decline in gold and silver prices, which are being impacted by ETF outflows and liquidity strains, according to JPMorgan. This divergence suggests improving momentum for bitcoin amid geopolitical uncertainty. The bank notes that institutional unwinding is affecting precious metals, while bitcoin is experiencing steadier flows.
The decline in gold and silver prices due to ETF outflows and liquidity strains may lead to a rotation of capital into bitcoin, potentially driving up its price. Meanwhile, the steadier flows into bitcoin could further support its price, especially if geopolitical stress continues to escalate.
سياق المقال
The bank said institutional unwinding and weakening liquidity have hit precious metals, while bitcoin shows steadier flows and improving momentum amid geopolitical stress.
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