Why an Announcement From the Treasury Sparked a Rally in Gold and Bitcoin This Week - MarketWatch
4 Articles
4 Articles
U.S. debt above $40 billion, Treasury debt buybacks and Trump's pressure to regulate crypt agitated markets. More than $4 billion in liquidated sales positions.
The bitcoin and gold prices shot this week, both driven by intense movements in the bond market, while the main international cryptocurrency benefited from political and economic initiatives in the United States, reported the associated press. Bitcoin had fallen from a maximum of about $95,000 (€82,700) in January to less than $60,000 (€52,200) by the end of June, with investors moving away from speculative assets and cryptocurrency advocates sh…
Bitcoin and gold prices shot this week, both driven by intense movements in the bond market, while the main international cryptocurrency benefited from political and economic initiatives in the United States, reported the Associated Press.
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