Crisis-driven rally? Bitcoin and Gold soar as inflation looms and political heat rises

As the United States grapples with mounting debt and inflation concerns, investors are flocking to assets that have served as safe havens in uncertain times, Bitcoin and gold, as per a report.

Bitcoin Hits a New High Amid Market Jitters

This week, Bitcoin surged past $123,000, climbing more than $10,000 in just a few days and hitting a new all-time high, as reported by GuruFocus. It’s already up 14% for July, driven by growing anxiety over the US economy and the government’s ballooning fiscal deficit, according to the report.