Crypto
Bitcoin (BTC) and Gold to Benefit From Rising Geopolitical Tension and U.S. Election: JPMorgan
According to JPMorgan, if the “Trump trade” unfolds in a manner similar to how it did in 2016, we could expect to see higher U.S. Treasury yields, a stronger dollar, U.S. stock market outperformance (especially in the banking sector), and tighter credit spreads. However, as of now, these changes have not materialized, with only minor movements observed in these markets.
It will be interesting to see how these predictions play out in the coming months and what implications they may have for investors and the broader economy. Stay tuned for updates as the situation continues to develop.
