BullishMEDIUM severityRates & Fed2d ago

One full bitcoin now buys a little more than 18 ounces of gold, the most since January

Reported by CoinDesk · coindesk.com · September 4, 2026

Bitcoin is pulling ahead of gold even as both hard assets rally together, driven by fears that governments will inflate away their debt rather than by bond yields.

What the tape says

What to watch: Rate relief reduces cost of capital — typically bullish for leveraged businesses and housing.

Market reaction today: $BTC-USD +0.09%

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