Tag: Safe haven assets

news-22102024-220643

Paul Tudor Jones Bets Big on Bitcoin and Gold for Hedge Against Inflation

Billionaire hedge fund manager Paul Tudor Jones II recently shared his investment strategy, revealing that he is heavily invested in both gold and Bitcoin. Jones explained that he believes inflation is inevitable, regardless of...
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Bitcoin Price Drops to $57k Amid Market Decline and Recession Concerns

Bitcoin's price has dropped to $57,040 as the market experiences a decline fueled by concerns of a global recession and escalating tensions in the Middle East. This marks an 8% decrease since the start...
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Bitcoin’s Correlation with Gold Strengthening During Economic Downturns

During times of economic uncertainty, investors often look for safe-haven assets to protect their wealth. In recent years, both Bitcoin and gold have emerged as popular options for investors seeking to hedge against market...
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Bitcoin Weekly Loss Continues as Yen Strengthens Post BOJ Rate Hike

Bitcoin continued to face pressure this week as the Japanese yen gained strength in the foreign exchange market following the Bank of Japan's decision to raise interest rates and implement measures to tighten liquidity....