List of Flash News about economic hedging
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2025-04-16 17:13 |
Central Banks' Gold Purchases Surge: Implications for Cryptocurrency Markets
According to The Kobeissi Letter, global net gold purchases by central banks reached 24 tonnes in February, with a total of 3,176 tonnes acquired over the past three years. This strategic accumulation contrasts with their public calls for a 'soft landing' in the economy, a situation that warrants attention from cryptocurrency traders, as it may indicate a hedging strategy against potential economic downturns. |