The answer is gold, where hedge funds have significantly increased their long positions, reaching the highest level in four years.
As a result, on Wednesday, prices for the asset have already reached an all-time high of $2,483 per ounce, which was caused by rising geopolitical risks and concerns among investors seeking to hedge against political and economic uncertainty about the US presidential election campaign and speculation about the timing of rate cuts.
It turns out that if the situation stabilizes and a lot of capital pours into crypto, it will be a bull market of unseen proportions?
submitted by /u/dll_crypto
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