16 Hrs
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الاقتصادية
Bitcoin Gains Amid Bond Market Moves
Bitcoin's value rose by more than 4% in Asian trading, reaching a level of $75,740, amid market optimism following the U.S. Treasury Department's announcement of a plan to increase bond buybacks. This led to a decline in long-term bond yields and boosted investors' confidence in cryptocurrencies. Bitcoin also surpassed the $70,000 mark for the first time in over two months, after former President Donald Trump called on the Senate to pass the "Cleariti" law to regulate the cryptocurrency market, although experts clarified that the market reaction is not directly related to the law itself but to the U.S. Department's decisions regarding fiscal policy.
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