Bitcoin is benefitting from, among other factors, a weaker US dollar following the weekend.
Moody's downgrade:
Bessent isn't concerned. Given he oversees issuing US Treasuries, he probably should be. Downgrades will not lower the cost of debt!
"If we go back to your initial question on the Moody’s downgrade, who cares? Qatar doesn’t. Saudi doesn’t. UAE doesn’t”Gold is higher too. Also EUR, JPY, AUD, NZD, CAD, GBP ... the list goes on.
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about bitcoin hitting its highest since the end of january circa usd106 400 was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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