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Why Bitcoin Is Becoming the New Digital Gold Standard

  • Bitcoin is progressively being considered as the new 'digital gold' as capital shifts from traditional safe-haven assets.
  • Bitcoin's market capitalization has surged to $1.73 trillion, contributing to its growing attractiveness as a hedge asset.
  • If even 1% of the capital invested in gold migrates to Bitcoin, it could drive Bitcoin's value to approximately $97,000.
  • Investors are showing interest in far-out strike prices at $110,000 and $120,000, indicating a demand for margin positions and leverage in Bitcoin options.

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