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JPMorgan Says Bitcoin-Gold Debasement Trade Is Cooling

2026-05-31 11:15:06

Abstract generation in progress

JPMorgan analysts led by Nikolaos Panigirtzoglou said investors are pulling back from Bitcoin and gold as the debasement trade loses momentum. The analysts pointed to ETF outflows and weaker CME futures positioning over the past two weeks. The analysts said the move is not a rotation from Bitcoin into gold.

BTC-0.11%

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