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Crypto Macro

Bitcoin-to-gold ratio hits 18.17, highest since January

Bitcoin’s price relative to gold climbed to 18.17 on Sept. 4, the highest since January, meaning one bitcoin now buys just over 18 ounces of gold. Both assets rose as analysts cite market concerns over governments diluting debt through currency devaluation. U.S. Treasury Secretary Bessent warned of ‘world debt deluge,’ while SkyBridge’s Anthony Scaramucci called the G20 finance ministers’ stance ‘the best bitcoin ad of the year.’

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