Global central bank gold rush could spark Bitcoin price run to new all-time highs
4M ago•
bullish:
0
bearish:
0
Share
New Bitcoin price highs could be driven by activity in US Treasurys and central banks boosting exposure to gold.
Key takeaways:
US Treasury funds saw $19 billion inflows, the highest since March 2023, as the 30-year yield fell 30 basis points.
Foreign central banks cut US Treasury holdings to 23%, a 22-year low, as gold reserves hit 18%.
4M ago•
bullish:
0
bearish:
0
Share
Manage all your crypto, NFT and DeFi from one placeSecurely connect the portfolio you’re using to start.
bullish:
0
bearish:
0
bullish:
0
bearish:
0