BNB$722.48-0.36%BRENT$100.45-0.75%BTC$78,415+0.07%COPPER$6.79-0.26%DJI$52,381-0.77%DOGE$0.0860-0.49%DXY98.73-0.09%ETH$2,480+0.12%GOLD$4,429+0.70%NDX$29,422-0.29%SILVER$67.83+0.83%SOL$101.94-0.08%SPX$7,636-0.48%US10Y4.84+0.65%VIX16.46+4.71%BNB$722.48-0.36%BRENT$100.45-0.75%BTC$78,415+0.07%COPPER$6.79-0.26%DJI$52,381-0.77%DOGE$0.0860-0.49%DXY98.73-0.09%ETH$2,480+0.12%GOLD$4,429+0.70%NDX$29,422-0.29%SILVER$67.83+0.83%SOL$101.94-0.08%SPX$7,636-0.48%US10Y4.84+0.65%VIX16.46+4.71%
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·Confidence 85%

Debasement Trade Revives as U.S. Spending Concerns Grow

Key takeaways

  • Rising worries about U.S. government spending are reviving interest in the debasement trade, boosting demand for crypto and gold as alternative assets.

Analysis

Rising worries about U.S. government spending are reviving interest in the debasement trade, boosting demand for crypto and gold as alternative assets.

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