Bitcoin has beaten stocks and gold over six months. Now it’s closing in on $80,000.
Bitcoin was rising Monday near the $80,000 level that it last touched in May, after the cryptocurrency surged last week on the Treasury Department’s plans to buy back longer-dated Treasurys.
Bitcoin was rising Monday near the $80,000 level that it last touched in May, after the cryptocurrency surged last week on the Treasury Department’s plans to buy back longer-dated Treasurys.
BELLINGS Intelligence Score: 25
Why it matters
Bitcoin approaching $80,000 after outperforming stocks and gold over six months is notable market activity reflecting investor sentiment and potential shifts in risk appetite, but it does not directly alter credit markets or regulatory frameworks.
Sources
MarketWatch
Bitcoin has beaten stocks and gold over six months. Now it’s closing in on $80,000.
Bitcoin was rising Monday near the $80,000 level that it last touched in May, after the cryptocurrency surged last week on the Treasury Department’s plans to buy back longer-dated Treasurys.