“Digital Gold” Bounces On U.S. Debt Downgrade
News of Moody’s downgrade of U.S. credit sent markets wobbling on Monday, with major equity indexes closing relatively flat after a volatile day of trading. Bitcoin prices fell before recovering while the U.S. dollar weakened and bond yields rose. The “digital gold” cryptocurrency remains one to watch this year for those with the risk appetite. [...] The post “Digital Gold” Bounces On U.S. Debt Downgrade appeared first on ETF Trends.
News of Moody’s downgrade of U.S. credit sent markets wobbling on Monday, with major equity indexes closing relatively flat after a volatile day of trading. Bitcoin prices fell before recovering while the U.S. dollar weakened and bond yields rose. The “digital gold” cryptocurrency remains one to watch this year for those with the risk appetite. [...]
The post “Digital Gold” Bounces On U.S. Debt Downgrade appeared first on ETF Trends.
