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November 19, 2024

Donald Trump’s Bitcoin Focus Could Threaten Gold’s Status as Inflation Hedge

Gold, once the undisputed asset for hedging against inflation, is facing new challenges as Bitcoin gains traction in the spotlightโ€”particularly under the leadership of figures like former U.S. President Donald Trump. As the cryptocurrency sector continues to grow, a potential shift away from traditional assets like gold may be on the horizon, and Bitcoin’s rise could play a central role in this transition.

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