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Bitcoin Remains the Better Bet Than Gold, Says Fidelity’s Timmer After Sell-Off

Bitcoin Remains the Better Bet Than Gold, Says Fidelity’s Timmer After Sell-Off

Photo: TheCoinrise

The macro strategist reaffirms his preference for Bitcoin as both assets face selling pressure. Jurrien Timmer, Fidelity's director of global macro, has said he still favors Bitcoin over gold despite a broad sell-off hitting both assets. The remarks, reported by CryptoBriefing and U.Today, position Timmer as a continuing voice of institutional support for Bitcoin even during a difficult stretch for risk assets. Timmer has built a reputation over several years for framing Bitcoin as a modern complement to gold within long-term portfolios. He has previously discussed the two assets through the lens of monetary debasement and store-of-value characteristics.

Source: TheCoinrise

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