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Why Gold Is Beating Bitcoin This Year

1. Gold has outpaced Bitcoin this year, rising 45% since January. 2. Central banks are increasing gold holdings, potentially surpassing U.S. Treasuries. 3. Bitcoin correlates more with tech stocks than with gold. 4. September has historically been weak for Bitcoin, but October and November show promise. 5. Bitcoin and gold attract different types of investors based on market conditions.

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FAQ

Why Neutral?

Despite gold's rise, Bitcoin retains long-term growth potential similar to tech stocks, which generally contribute to S&P performance.

How important is it?

Gold's performance can influence investor sentiment affecting large-cap stocks within the S&P 500, especially with rising inflation concerns.

Why Short Term?

Current trends show that Bitcoin may perform better in the coming months; however, its short-term performance is more volatile.

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