Bitcoin (BTC) Could Surge to $120K on ‘Doomsday Rally,’ Trader Says

Polymarket's now-expired prediction contract "Will BTC hit $50,000 in February" (Polymarket)

“Bitcoin remains a viable doomsday asset in 2024, as its correlation to Gold recently increased, and investors continue to diversify away from traditional financial assets,” Edouard Hindi, the chief investment officer at Tyr Capital, said in an email to CoinDesk.

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