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Bitcoin Surges as Debasement Fears Fuel Record $3.2B Inflows

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Investor focus on currency debasement surged following US Treasury bond buyback announcements, weakening the dollar and sparking capital rotation into hard assets.
  • Crypto funds attracted $3.2 billion in weekly inflows, with analysts highlighting Bitcoin as a primary hedge against structural dollar depreciation.
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BTCUSD price history

76589.00 +13.54% over the displayed period

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