News Formal

Bitcoin’s shining a light on gold as debt fears drive investment into U.S. dollar alternatives

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Bitcoin’s shining a light on gold as debt fears drive investment into U.S. dollar alternatives - Wells Fargo

- Bitcoin’s rally to all-time highs above $73,000 per token is helping to fuel gold’s flight above $2,150 as a growing need for alternative currencies becomes insatiable, according to one market strategist.South American gold and precious metals producer Nilam Resources announced it plans to acquire 24,800 Bitcoins, which will serve as collateral for future capital raises. – Even as the U.S.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gold market analysis for March 22 - key intra-day price entry levels for active tradersThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »