Gold and Bitcoin Gain Amid US Economic Uncertainty
- Gold prices hit an all-time high of $3,200 per ounce.
- Bitcoin rebounded to approximately $82,000 from below $75,000.
- The US dollar weakens as stock futures decline and the 10-year Treasury yield approaches 4.5%.
- China increases gold reserves while selling off significant amounts of US Treasury bills.
- 132 new Bitcoin wallets holding at least 10 BTC emerged following a tariff pause announcement by President Trump.
The US economy faces challenges with gold reaching record highs and Bitcoin showing volatility. The bond market’s unusual behavior highlights global shifts in safe haven preferences amid economic uncertainty.
Source (2.6)https://coingape.com/bitcoin-vs-gold-whats-in-demand-as-us-bond-market-looks-fragile/?rand=24432
