Bitcoin Could Benefit from Gold as a New Settlement Asset
- Luke Gromen suggests Bitcoin may gain if gold replaces US Treasuries as the preferred settlement asset.
- The White House aims to reshore American manufacturing by reducing dollar and Treasury exports.
- Gromen proposes gold could become the primary settlement asset instead of the dollar or Treasuries.
- If gold is adopted, Bitcoin might be seen as a reliable alternative by investors.
- At the time of writing, Bitcoin is trading at $84,603.
Investor Luke Gromen believes that if gold becomes the new settlement asset, it could lead to increased interest in Bitcoin as an alternative investment. Currently, Bitcoin is valued at $84,603.
Source (2.6)https://dailyhodl.com/2025/04/14/macro-guru-luke-gromen-sees-bitcoin-benefiting-from-gold-ascending-as-new-settlement-asset/?rand=59076
