Back 22 May 2025

Dollar swoons on fiscal worries, bitcoin extends record rally ​  

Summary: U.S. fiscal concerns and a weak Treasury bond auction weakened the dollar to a two-week low against the yen. Bitcoin reached a new all-time high as investors sought alternatives to U.S. assets, while gold also benefited.

Link: https://www.channelnewsasia.com/business/dollar-swoons-fiscal-worries-bitcoin-extends-record-rally-5145981