Gold, Bitcoin (BTC) Extend Rally as US Dollar, Japanese Yen Fall on Politics

business • 10/6/2025

Growing fiscal concerns in some of the world’s biggest economies are adding momentum to a so-called “debasement trade,” as investors flock to the perceived safety of Bitcoin, gold and silver while pulling away from major currencies.

Growing fiscal concerns in some of the world’s biggest economies are adding momentum to a so-called “debasement trade,” as investors flock to the perceived safety of Bitcoin, gold and silver while pulling away from major currencies. The yen tumbled o... [308 chars]