Business & Economy · 3 views
Why an announcement from the Treasury sparked a rally in gold and bitcoin this week
Cryptocurrencies and precious metals rose sharply as the U.S.
Source MarketWatch AI Summary Updated 56m ago
Business & Economy 
Story intelligence Beta
Confidence Limited Single-outlet story
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Read time 1 min ~38 words
AI Summary
Cryptocurrencies and precious metals rose sharply as the U.S. dollar weakened after the Treasury Department announced plans to double its bond buybacks. The market reaction linked the Treasury’s increased buyback program to a rally in gold and bitcoin.
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