Bitcoin’s debasement trade hits a contradiction as MARA sells $1.5 billion while JPMorgan calls it the new gold

Bitcoin has climbed roughly 30% over the past two months, from a February low near $62,000 to around $80,621 by May 12, helped by renewed interest in assets seen as resistant to currency debasement. The rally has revived an old debate. Can Bitcoin actually behave like gold during periods of fiscal stress, or is it...