U.S. Debt Support Fuels Gold and Bitcoin Rally

1h ago•

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bearish:

A gold bar marked 4,620 weighs against a weakened dollar in front of U.S. institutions.

Gold has just climbed to 4,620 dollars an ounce, its highest level in three months. Bitcoin is trading around 78,000 dollars after a rise of about 20% since the U.S. Treasury announcement on August 19. Both assets benefit from the same movement: the dollar falls and investors start looking for alternatives again.

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1h ago•

Cointribune

bullish:

bearish: