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Morning Edition · Sunday, June 28, 2026Published at 6:27 AM EDT · New York
Bitcoin Falls With Gold and Silver as the Hawkish Fed Unwinds the Hedge Trade
The asset long promoted as an alternative to gold is falling alongside the metals it was meant to rival, on track for a second straight quarterly loss.
Bitcoin is trading below $60,000 and is on course for a second consecutive quarterly loss, an unusual back-to-back decline that goes against the asset's typical first-half pattern, CoinDesk reported. The token is down close to 7% over the w…
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