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The Kobeissi Letter
The Kobeissi Letter|Sep 02, 2025 03:57
Just another casual Monday night for gold: Now nearing 3,600/oz for the first time in history as global central banks cut rates into inflation. Gold and Bitcoin are telling the future. (The Kobeissi Letter)
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Timeline

Oct 02, 03:29Long-term holders purchased over 3,800 Bitcoins
Oct 02, 02:12The main players pushed up Bitcoin and ETH during the National Day holiday.
Oct 02, 01:39Bitcoin approaches the 120,000 mark
Oct 02, 01:38They cut interest rates, and Bitcoin took off immediately.
Oct 02, 01:05The U.S. government shutdown means the depreciation of the U.S. dollar.
Oct 02, 00:15Bitcoin on-chain NFT trading volume hits a nearly five-month low
Oct 02, 00:04BlackRock IBIT holdings surpass 770,000 BTC
Oct 01, 23:40Gold's breakout mainly reflects an increase in ETF holdings
Oct 01, 23:30A good time to buy gold, silver, Bitcoin, and Ethereum
Oct 01, 23:20S&P expects the Federal Reserve to cut interest rates twice by the end of the year.

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