Bitcoin
Bitwise Head of Research: Sovereigns Selling Gold for Bitcoin | Ryan Rasmussen
Bitcoin Magazine·September 29, 2026·1 min read
Bitwise's Ryan Rasmussen reveals why pensions and sovereign funds bought the Bitcoin dip from $125K to $60K, highlighting institutional adoption trends. He discusses sovereigns selling gold for Bitcoin, signaling a shift in reserve asset preferences. This analysis appears in Bitcoin Magazine, written by Patrick Green.
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