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Fidelity's Jurrien Timmer favors Bitcoin over gold amid market sell-off

Fidelity's Jurrien Timmer said he still prefers Bitcoin over gold, citing the cryptocurrency's relative price resilience even as both assets experience a sell-off.

Portrait of Fidelity executive Jurrien Timmer wearing glasses and a suit.
Image: @cryptodotnews

Fidelity executive Jurrien Timmer continues to favor Bitcoin over gold despite recent downturns across both markets, according to reports from Cointelegraph and crypto.news.[2][3]

Timmer noted that Bitcoin is demonstrating relative strength and that its relative price is holding up against gold while both assets face selling pressure amid market volatility.[1][2][3]

Key facts

  • Fidelity's Jurrien Timmer stated that he still prefers Bitcoin over gold.
  • Timmer highlighted that Bitcoin's relative price is showing strength and holding up despite both Bitcoin and gold selling off.

Sources · 3 sources

  1. CB

    Crypto BriefingArticle ·

    Fidelity’s Jurrien Timmer favors Bitcoin over gold amid sell-off Bitcoin's resilience over gold amid market volatility suggests a shift in investor preference, impacting asset allocation strategies. The post Fidelity’s Jurrien Timmer favors Bitcoin over gold amid sell-off appeared first on Crypto Briefing .

    Open source
  2. CN

    crypto.news@cryptodotnewsPost on X ·

    JUST IN: Fidelity’s Jurrien Timmer still favors Bitcoin over gold He says BTC is showing relative strength despite the recent sell-off in both assets. https://t.co/3ODEzt5XXP

    Open source
  3. CO

    Cointelegraph@CointelegraphPost on X ·

    ⚡️ INSIGHT: Fidelity’s Jurrien Timmer says he still prefers $BTC over gold, noting that BTC’s relative price is holding up despite both assets selling off. https://t.co/6avP8h915H

    Open source