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The Daily Hodl 2024-06-13 14:30:26

Fidelity Analyst Issues Warning, Says Massive Spike in Money Supply Needed for Bitcoin and Gold To Shine

A macro analyst at the investment giant Fidelity thinks there needs to be a sustained spike in money supply to bolster the argument that Bitcoin (BTC) and gold are stores of value that hedge against government-induced inflation. Jurrien Timmer, the director of global macro at Fidelity, notes on the social media platform X that sustained The post Fidelity Analyst Issues Warning, Says Massive Spike in Money Supply Needed for Bitcoin and Gold To Shine appeared first on The Daily Hodl .

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