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via The Block · By The Block Editorial

JPMorgan says bitcoin is gaining over gold as debasement trade after Iran conflict

BTC

BTC/USDT

$61,352.01

-1.92%

$61,352.01

-1.92%

(24s)

24h Volume

$29,929,244,212.58

24h H/L

$63,239.06 / $59,102.70

Change: $4,136.36 (7.00%)

Long/Short

67.8%

Long: 67.8%Short: 32.2%

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$61,588.73

▲ 0.84%

Volume (24h): -

Resistance Levels

Resistance 3$68,215.38

Resistance 2$64,719.41

Resistance 1$62,731.90

Price$61,588.73

Support 1$61,067.23

Support 2$59,102.70

Support 3$52,643.43

Pivot (PP):$61,412.02

Trend:Downtrend

RSI (14):35.6

The Block Editorial

(08:01 PM UTC)

1 min read

Updated byMichael Roberts

1212 views

0 comments

Bitcoin is gaining over gold as the debasement trade after the Iran conflict, as bitcoin exchange-traded funds continue to attract inflows while gold ETFs struggle to recover outflows, JPMorgan analysts said.

Bitcoin ETFs have seen inflows for a third straight month in May, JPMorgan analysts led by managing director Nikolaos Panigirtzoglou said in a report. Gold ETFs, meanwhile, are still…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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