Business & Economy · 42 views
Bitcoin has beaten stocks and gold over six months. Now it’s crossed the $80,000 mark.
Bitcoin was hovering around the $80,000 level Tuesday after the cryptocurrency surged last week on the Treasury Department’s plans to double its buy back of longer-dated Treasurys.
AI Summary
Bitcoin was trading near $80,000 on Tuesday after a surge the previous week, which was driven by the Treasury Department’s announcement that it will double its buyback of longer‑dated Treasury securities. The price movement placed Bitcoin ahead of both stocks and gold over the past six months.
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