Investors Flock to Bitcoin and Gold Amid Soaring Debt
Pulse of the market
3
Posts
3
Posters
9
Views
-

Growing concerns over U.S. debt have pushed investors toward “safe-haven” assets. Bitcoin hit a new all-time high of $125,506 on Saturday, while gold reached $3,920 on Sunday. JPMorgan described the move as the “debasement trade.” BlackRock’s Larry Fink said Bitcoin could climb to $700,000 on currency debasement fears, while Ray Dalio has advised allocating 15% of portfolios to Bitcoin or gold to improve risk-adjusted returns.