List of Flash News about debasement trade
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01:40 |
Bitcoin (BTC) Hits Fresh Record Above $125,000 as US Government Shutdown Sparks Safe-Haven ‘Debasement Trade’
According to @business, Bitcoin (BTC) set a fresh record on Sunday, topping $125,000 for the first time since mid-August as investors rotated into safe-haven assets amid the US government shutdown, a move dubbed the debasement trade, source: Bloomberg/@business. The report adds that BTC is hovering near record levels at the week’s open, underscoring strong macro-hedge demand tied to fiscal uncertainty, source: Bloomberg/@business. |