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This year, many people have had a gap in their expectations for Bitcoin. Gold has reached new highs, and the Nasdaq has been strengthening all the way, while $BTC has clearly underperformed. The originally high hopes for "hedging against fiat depreciation" have not materialized in the short term. However, VanEck has offered a rather realistic perspective: it is precisely this severe underperformance that is the prerequisite for the next round. When $BTC
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