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Time Details
2025-10-08
18:44
Dollar Distrust Driving Record Rallies in Gold and Bitcoin (BTC), Eurizon Says: 2025 Outlook and Trading Implications

According to @business, Eurizon strategists say growing aversion to large reserve currencies, including the U.S. dollar, has propelled record rallies in gold and Bitcoin (BTC), and they expect the trend to continue, highlighting persistent demand for non-sovereign and hard-asset hedges; source: Bloomberg. For traders, this view identifies reserve-currency distrust as a key macro driver of momentum in BTC and gold and frames positioning around assets perceived as alternative stores of value; source: Bloomberg.

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