Fiscal Fears Fuel Flight to Bitcoin, Gold as Major Currencies Falter
Mounting fiscal uncertainty in major economies is accelerating a shift into Bitcoin, gold, and silver, as investors brace for further currency debasement.Key Takeaways:Investors are moving into Bitcoin, gold, and silver as fears of currency debasement rise in major economies.Japan’s yen dropped 1.6% after pro-stimulus politician Sanae Takaichi led the PM race, adding pressure to global fiat currencies.Bitcoin’s surge past $125K and gold’s fresh highs reflect growing demand for hard assets.The so-called “debasement trade” has gained traction amid rising national debts and political instability,…