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Gold’s rally to $3,360 is beneficial for Bitcoin: Here’s why

cryptoweekly by cryptoweekly
June 4, 2025
in bitcoin, News
0

Bitcoin price eyes a breakout as a weakening dollar, US debt concerns, and gold limits shift investor focus.

Key takeaways:

Gold’s upside is limited by potential US sales and lack of domestic production.

Bitcoin gains momentum as US dollar weakens and fiscal concerns grow.

Read more

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Recent Posts
  • Gold’s rally to $3,360 is beneficial for Bitcoin: Here’s why
  • South Korea elects pro-crypto candidate Lee Jae-myung as president
  • California assembly passes bill to allow crypto payments to state
  • Trump memecoin wallet in ‘absolute chaos’ as family org unaware of launch
  • Bitcoin profit-taking underway as ‘big whales’ continue sell-off
  • Meta signs 20-year nuclear energy deal to power AI
  • Trump-linked asset manager files Truth Social Bitcoin ETF with SEC

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