Gold and Bitcoin both hit record highs as the US government shutdown spurred ‘dollar depreciation trades.’
Spurred by the U.S. government shutdown, growing concerns over the country’s fiscal situation and a weakening dollar have driven gold and Bitcoin prices to repeatedly hit new highs. Gold has surpassed $3,900 per ounce, while Bitcoin has exceeded $125,000. The dollar index has fallen by approximately 10% year-to-date. Analysts believe that driven by long-term inflationary […]









