Gold Reaches All-Time High, Bitcoin Surges as Investors Anticipate Federal Reserve Rate Cut: Market Recap
Gold and Bitcoin Surge in Asian Trading as Fed Watch Begins (Bloomberg) — Gold surged to a fresh record and Bitcoin pierced $40,000 in Asian trading as markets shrugged off Federal Reserve Chair Jerome Powell’s reminder that policymakers are in no hurry to ease interest rates. Most Read from Bloomberg The precious metal jumped as …