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Gold and bitcoin perk up as the market senses another banking rout

Gold and bitcoin perk up as the market senses another banking rout
Two of the big winners from the March banking rout were gold and bitcoin. Both surged as deposits flowed out of global banks and into alternative safe-haven assets. It contributed to a 40% bounce in bitcoin and new life for crypto more broadly.Both have faded since the height of the banking worries but both are showing life again today -- albeit only feint signs of life -- in a market that's otherwise getting battered.The moves in gold and bitcoin touch on the bigger question: Are we going to ha... Read More
Posted: Apr 25 2023, 18:03
Author Name: forexlive
Views: 102131

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