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Posted: 2025-04-24 22:38:01 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-24 22:38:16 UTC
Verified By
Rollup News
Amid growing economic concerns and President Trump's tariff announcements, Bitcoin's appeal is waning compared to gold, as institutional investors seek safer assets. Bitcoin's struggle for direction and outflows from Bitcoin ETFs reflect market caution.
Economic uncertainty impacts risk assets like cryptocurrencies.
Gold is attracting institutional investors as a safe haven.
Bitcoin is perceived more as a gauge of risk than a safe haven.
Bitcoin ETFs are experiencing significant outflows.
Market remains cautious awaiting clearer signals on tariffs and economic policies.
Increased economic uncertainty due to tariffs.
Preference for safer assets like gold over Bitcoin.
Bitcoin's struggle for direction amidst market fluctuations.
Outflows from Bitcoin ETFs.