Bitcoin Hits 18-oz Gold Ratio, Highest Since January Amid Debt Fears

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Bitcoin's value has climbed to the point where one coin can purchase just over 18 ounces of gold, the strongest such ratio since January. Both bitcoin and gold are rallying simultaneously, reflecting growing investor anxiety. The gains are being driven by fears that governments may inflate away their debt burdens rather than by movements in bond yields. This parallel rise highlights shifting sentiment toward hard assets as hedges against fiscal risk.

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