{"id":810317,"date":"2024-12-05T00:11:53","date_gmt":"2024-12-05T06:11:53","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2024\/12\/05\/iran-israel-crisis-could-drive-investors-with-debasement-trade-favoring-bitcoin-and-gold-jpmorgan\/"},"modified":"2024-12-05T00:11:53","modified_gmt":"2024-12-05T06:11:53","slug":"iran-israel-crisis-could-drive-investors-with-debasement-trade-favoring-bitcoin-and-gold-jpmorgan","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2024\/12\/05\/iran-israel-crisis-could-drive-investors-with-debasement-trade-favoring-bitcoin-and-gold-jpmorgan\/","title":{"rendered":"Iran-Israel crisis could drive investors with \u2018debasement trade\u2019 favoring Bitcoin and gold \u2014 JPMorgan"},"content":{"rendered":"<p>Bitcoins <\/p>\n<div data-id=\"149810\" data-url=\"https:\/\/cryptobriefing.com\/geopolitical-investment-trends-gold-bitcoin\/\">\n<section>\n<div>\n<p><a href=\"https:\/\/cryptobriefing.com\/markets\/\" rel=\"tag\"><br \/>\n                    Markets                <\/a>\n                    <\/p>\n<\/div>\n<p><span><span><a href=\"https:\/\/cryptobriefing.com\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/cryptobriefing.com\/markets\/\">Markets<\/a><\/span> \u00bb <span aria-current=\"page\">Iran-Israel crisis could drive investors with \u2018debasement trade\u2019 favoring Bitcoin and gold \u2014 JPMorgan<\/span><\/span>        <\/p>\n<div>\n<div>\n<p><span>by<\/span><\/p>\n<div>\n<p><a data-author_id=\"29073\" href=\"https:\/\/cryptobriefing.com\/team\/vince-dioquino\/\" rel=\"author\">Vince Dioquino<\/a><\/p>\n<\/div><\/div>\n<p><time datetime=\"2024-10-03T15:54:06+00:00\"><br \/>\n                        Oct. 3, 2024                    <\/time>\n                            <\/p>\n<\/p><\/div>\n<\/section>\n<section>\n<h2>Bitcoins Gold price surge linked to US dollar decline and Treasury yield drop.<\/h2>\n<\/section>\n<section>\n            <picture><source media=\"(min-width: 850px)\" ><img decoding=\"async\" src=\"https:\/\/static.cryptobriefing.com\/wp-content\/uploads\/2024\/08\/07080933\/bitcoin-2-400x210.png\" alt=\"bitcoins A large Bitcoin coin embedded in sand dunes under a clear sky at sunrise, symbolizing the digital currency's resilience and growth potential.\" title=\"bitcoins bitcoin 2\">\n            <\/picture>\n        <\/section>\n<section>\n<section>\n<h3>Key Takeaways<\/h3>\n<ul>\n<li>Gold prices have surged past expectations due to a weakening dollar and falling Treasury yields.<\/li>\n<li>Bitcoin is expected to follow gold&#8217;s price trend despite a current negative correlation.<\/li>\n<\/ul>\n<\/section>\n<section>\n<p>Share this article<\/p>\n<\/section>\n<p>        <?xml encoding=\"UTF-8\"><\/p>\n<p>Rising geopolitical risks and the upcoming US presidential election are pushing investors towards traditional safe-haven assets like gold, while Bitcoin faces selling pressure amid Middle East conflicts, in particular with the recent tensions between Israel and Iran.<\/p>\n<p>J.P. Morgan analysts suggest increasing global tensions and November\u2019s US election are reinforcing what some call the \u201cdebasement trade,\u201d favoring both gold and bitcoin as hedges against currency devaluation. However, recent market movements show diverging paths for the two assets.<\/p>\n<p>\u201cRising geopolitical tensions and the coming US election are likely to reinforce what some investors call the \u2018debasement trade\u2019 thus favoring both gold and bitcoin,\u201d J.P. Morgan Global Markets Strategy analysts stated in a note on Thursday.<\/p>\n<p>Gold prices have surged in recent weeks, approaching $2,700 per ounce on September 26. The analysts attribute this rise to a 4-5% decline in the dollar and a significant drop in real US Treasury yields. However, gold\u2019s appreciation has exceeded what these factors alone would suggest, indicating renewed interest in the metal as a safe haven.<\/p>\n<p>CryptoQuant highlighted historical trends where lower US Treasury yields correlated with rising gold prices. \u201cIn 2008, as the 13-week Treasury Bill yields decreased, gold prices soared from $590 to a peak of $1,900 per ounce by 2011,\u201d the firm noted. \u201cA similar trend is emerging now, with gold climbing from $2,000 to nearly $2,700.\u201d<\/p>\n<p>While gold benefits from the current <a target=\"_blank\" href=\"https:\/\/cryptobriefing.com\/bitcoin-geopolitical-tensions-accumulation-analysis\/\" rel=\"\">macroeconomic environment<\/a>, Bitcoin has faced selling pressure amid escalating Middle East tensions. US spot Bitcoin ETFs reversed an eight-day inflow streak with significant outflows as Bitcoin retreated below $62,000 following Iran\u2019s missile attacks on Israel.<\/p>\n<p>Data from Farside Investors shows that BlackRock\u2019s iShares Bitcoin Trust (IBIT) was the only fund to see net inflows on Tuesday, taking in over $40 million. However, this was insufficient to offset outflows from other funds, resulting in over $242 million in net outflows across US spot Bitcoin ETFs.<\/p>\n<p>The contrasting movements of Bitcoin and gold have reignited debate about Bitcoin\u2019s role as a safe-haven asset. As <a target=\"_blank\" href=\"https:\/\/cryptobriefing.com\/bitcoin-iran-conflict-drop\/\" rel=\"\">news of Iran\u2019s missile strikes<\/a> broke, Bitcoin\u2019s value declined by over 3% in 24 hours, dropping nearly $4,000 to around $60,300. Meanwhile, gold prices increased by 1.4% to $2,665 per ounce, nearing a record high.<\/p>\n<p><html><body><\/p>\n<div class=\"ad-banner mrec-in-article\"><\/div>\n<p><\/body><\/html><\/p>\n<p>The Crypto Fear and Greed Index dropped from a neutral 50 points to 42 points, indicating increased caution among crypto investors as geopolitical risks intensify. Israeli Prime Minister Benjamin Netanyahu\u2019s vow to retaliate against Iran has further heightened tensions, potentially leading to additional market volatility.<\/p>\n<p>While J.P. Morgan analysts see potential for both gold and Bitcoin in the \u201cdebasement trade,\u201d current market dynamics demonstrate gold\u2019s stronger appeal as a safe haven during times of geopolitical uncertainty. Bitcoin\u2019s recent price action and ETF outflows suggest that the cryptocurrency may still be viewed as a risk asset by many investors, despite its long-term potential as a hedge against currency devaluation.<\/p>\n<p>As global tensions persist and the <a target=\"_blank\" href=\"https:\/\/cryptobriefing.com\/us-voter-crypto-preference-survey\/\" rel=\"\">US presidential election approaches<\/a>, investors will likely continue to closely monitor the performance of both gold and Bitcoin as potential safe-haven assets in an increasingly uncertain geopolitical landscape.<\/p>\n<\/p>\n<section class=\"article-share\">\n<p>Share this article<\/p>\n<div class=\"social-icons\">\n          <button class=\"social-icon share\" data-href=\"https:\/\/x.com\/intent\/tweet?text=Iran-Israel+crisis+could+drive+investors+with+%E2%80%98debasement+trade%E2%80%99+favoring+Bitcoin+and+gold+%E2%80%94+JPMorgan&#038;url=https%3A%2F%2Fcryptobriefing.com%2Fgeopolitical-investment-trends-gold-bitcoin%2F&#038;via=crypto_briefing\" aria-label=\"Share on x\"><br \/>\n        <?xml version=\"1.0\" encoding=\"UTF-8\"?><br \/>\n                <svg width=\"40px\" height=\"40px\" viewBox=\"0 0 40 40\" version=\"1.1\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\">\n                <g id=\"surface1\">\n                <path style=\" stroke:none;fill-rule:nonzero;fill:rgb(0%,0%,0%);fill-opacity:1;\" d=\"M 17.867188 0.148438 C 10.839844 0.878906 4.558594 5.507812 1.707031 12.054688 C -0.132812 16.28125 -0.441406 21.148438 0.867188 25.625 C 2.480469 31.214844 6.652344 35.933594 12.054688 38.292969 C 16.28125 40.132812 21.148438 40.4375 25.628906 39.132812 C 32.332031 37.199219 37.613281 31.695312 39.347656 24.851562 C 42.054688 14.132812 35.414062 3.171875 24.667969 0.613281 C 22.304688 0.0546875 20.226562 -0.09375 17.867188 0.148438 Z M 18.132812 12.535156 C 19.839844 14.800781 21.28125 16.667969 21.332031 16.667969 C 21.386719 16.667969 23.160156 14.800781 25.253906 12.535156 L 29.078125 8.398438 L 31.253906 8.398438 L 30.785156 8.894531 C 30.519531 9.171875 28.785156 11.054688 26.933594 13.066406 C 25.078125 15.078125 23.265625 17.039062 22.90625 17.398438 L 22.265625 18.078125 L 27.265625 24.734375 C 30.011719 28.398438 32.265625 31.441406 32.265625 31.492188 C 32.265625 31.558594 30.628906 31.601562 28.640625 31.601562 L 25 31.585938 L 21.613281 27.054688 C 19.28125 23.921875 18.1875 22.574219 18.078125 22.652344 C 18 22.71875 16.105469 24.761719 13.867188 27.1875 L 9.800781 31.601562 L 8.773438 31.601562 C 8.199219 31.601562 7.734375 31.574219 7.734375 31.535156 C 7.734375 31.492188 9.851562 29.171875 12.441406 26.386719 C 15.011719 23.601562 17.148438 21.265625 17.171875 21.226562 C 17.1875 21.171875 15.066406 18.28125 12.464844 14.800781 C 9.867188 11.332031 7.734375 8.464844 7.734375 8.441406 C 7.734375 8.414062 9.371094 8.398438 11.386719 8.398438 L 15.039062 8.398438 Z M 18.132812 12.535156 \" \/>\n                <path style=\" stroke:none;fill-rule:nonzero;fill:rgb(0%,0%,0%);fill-opacity:1;\" d=\"M 11.027344 10.1875 C 11.082031 10.28125 14.441406 14.785156 18.464844 20.171875 L 25.800781 29.988281 L 27.441406 30 C 28.453125 30 29.066406 29.945312 29.039062 29.867188 C 29.027344 29.800781 25.679688 25.292969 21.628906 19.867188 L 14.238281 10 L 12.585938 10 C 11.214844 10 10.933594 10.027344 11.027344 10.1875 Z M 11.027344 10.1875 \" \/>\n                <\/g>\n                <\/svg>      <\/p>\n<\/section>\n<\/div>\n<p> Vince Dioquino <a href=\"https:\/\/cryptobriefing.com\/geopolitical-investment-trends-gold-bitcoin\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Markets Home \u00bb Markets \u00bb Iran-Israel crisis could drive investors with \u2018debasement trade\u2019 favoring Bitcoin and gold \u2014 JPMorgan by Vince Dioquino Oct. 3, 2024 Gold price surge linked to US dollar decline and Treasury yield drop. Key Takeaways Gold prices have surged past expectations due to a weakening dollar and falling Treasury yields. Bitcoin<\/p>\n","protected":false},"author":1,"featured_media":810318,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3824,139987],"tags":[11476],"class_list":{"0":"post-810317","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crisis","8":"category-iran-israel","9":"tag-bitcoins"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/810317","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=810317"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/810317\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/810318"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=810317"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=810317"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=810317"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}