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Bitcoinist 2020-12-07 15:00:17

Bitcoin Absorbing Gold’s Market Cap Leads To Record One-Week Fund Outflows

The digital gold narrative in 2020 has begun to boil over, with Bitcoin stealing all the financial media headlines and turning the heads of boomers and hedge funds everywhere for the first time. Recent data from, Bloomberg suggested futures interest and fund flows signaled that the precious metal’s capital had begun pour into crypto. The same data now shows that weekly gold fund outflows have reached the highest point ever, beating the flight back to […]

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