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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
  • Elon Musk’s AI firm xAI faces lawsuit over data center air pollution
  • ‘Crypto-native’ asset managers quadruple onchain holdings since January
  • Iran orders crypto exchange curfew after $100M Nobitex hack
  • ‘Stablecoin summer’ as Coinbase, Circle surge on stablecoin bill
  • Trump on GENIUS stablecoin bill: ‘Get it to my desk, ASAP’
  • Czech gov’t resists 4th overthrow attempt amid $45M Bitcoin scandal
  • SOL price rally to $200 brewing, but 3 key catalysts must happen first

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