Express

CME Group’s Chief Economist: Bitcoin is An ‘Emerging Competitor’ to Gold

Amy Liu

Summary: Recently, Bluford Putnam, Managing Director and Chief Economist at CME Group, said that Bitcoin is an “emerging competitor” to gold. He said that gold’s production would increase in the coming year, putting it in stark contrast with Bitcoin’s fixed and limited supply. Besides, gold’s appeal as a universal hedge against inflation and global unrest is ...

Recently, Bluford Putnam, Managing Director and Chief Economist at CME Group, said that Bitcoin is an “emerging competitor” to gold. He said that gold’s production would increase in the coming year, putting it in stark contrast with Bitcoin’s fixed and limited supply. Besides, gold’s appeal as a universal hedge against inflation and global unrest is declining.

By Amy Liu

Last Update:

Tags: ,,,
Link: CME Group’s Chief Economist: Bitcoin is An ‘Emerging Competitor’ to Gold   [Copy]
Next:

Related Articles

  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 16 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 15 days ago

    • You need to login to comment.