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US Elections and Geopolitical Strains Favor Bitcoin, JPMorgan Predicts ‘Debasement Trade

  • JPMorgan predicts increased demand for Bitcoin due to U.S. elections and geopolitical tensions.
  • Investors are turning to Bitcoin as a hedge against economic risks and potential growth under Trump.
  • Geopolitical uncertainty and fears of inflation drive the 'debasement trade' favoring gold and Bitcoin.
  • Rising interest in Bitcoin futures and renewed inflows into cryptocurrency ETFs further support the trend.

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