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CoinEx News: Gold is heading for its worst month since October 2008, down about 12% in June. A hawkish Federal Reserve (leaning toward keeping rates high) and a stronger dollar are lifting real yields — bond returns after inflation — raising the cost of holding gold. It is also an overheated rally cooling: even after falling about 28% from January's $5,590 record, gold remains well above its level a year ago. Bitcoin is gold's "debasement trade" cousin — both ran up as a hedge against money losing value, and both now face the same real-yield and dollar headwind. A sustained rebound in either needs lower real yields, a weaker dollar, or a less hawkish Fed.
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