Part 8/12:
The Rise of Cryptocurrency and Precious Metals Amidst Turmoil
In tandem with legislative moves, market reactions confirm the seriousness of this strategic push. Bitcoin recently surged past $120,000, setting a new record high, while gold prices have skyrocketed, reflecting widespread investor confidence in tangible assets amidst the economic upheaval.
This trend underscores a battle of assets—cryptocurrencies and gold are gaining prominence as safe havens in an era of geopolitical instability and monetary realignment. Long-term US Treasuries, however, have underperformed, down 1% over the decade, emphasizing investors’ search for alternative stores of value.