Gold surges on strong China demand as Bitcoin takes a breather

The "digital gold" narrative is failing as Bitcoin’s biggest backers face massive losses. While gold surged to $4,300, MicroStrategy posted a staggering $8.33 billion operating loss and SpaceX lost $540 million on Bitcoin in just six months. With $5 billion fleeing Bitcoin ETFs, it’s clear that central banks were right to choose bullion over crypto. Is the Bitcoin party officially over, or is this just a temporary correction? What’s your take?
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