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Posted by
Two Blokes Apr 24 -
Filed in
Crypto
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Bitcoin (CRYPTO: BTC) is increasingly being viewed in the same league as gold when it comes to long-term inflation hedging, according to John D'Agostino, Head of Strategy for Coinbase (NASDAQ:COIN) Institutional. What Happened: Speaking with CNBC as Bitcoin traded near $92,500 levels on Thursday morning, D'Agostino emphasized that Bitcoin has now earned a place next to gold in strategic asset allocations aimed at protecting capital during periods of financial stress.
