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Bitcoin Soars as Gold Dips: The Stellar 12% Surge in BTC/XAU Signals a Market Shift

The ratio surged 12% Wednesday as the pro-crypto Republican candidate Donald Trump won the U.S. presidential election.

Updated Nov 7, 2024, 11:43 a.m. Published Nov 7, 2024, 8:27 a.m.
Bitcoin/Gold ratio chart (Tradingview/CoinDesk)
Bitcoin/Gold ratio chart (Tradingview/CoinDesk)