Gold and bitcoin spearhead a rebellion against the dollar ...News

Russia Today - Economy
Gold and bitcoin spearhead a rebellion against the dollar
source : Russia Today ( News ) () 58
Record price surge in precious metals and crypto heralds an economic shift as the Fed concedes Gold has achieved a remarkable milestone, hitting a new all-time high above $2,100 on Monday, while Bitcoin broke through the psychological level of $40,000, aligning with my year-end target of $50,000. As the Christmas rally gains momentum, investors increasingly favor high-risk assets. This remarkable surge is underpinned by several factors, notably the Federal Reserve's anticipated dovish pivot and a weakening dollar. Investors responded positively to remarks from Federal Reserve Chair Jerome Powell, instilling confid

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