Live updates: Bitcoin and gold hit fresh daily highs as bitcoin climbs above $78,000
Bitcoin holds its gains near $77,000 after a 22% week, while last week's biggest altcoin winners steady, with focus turning to Fed Chair Warsh's Jackson Hole debut.
Source: CoinDesk
―
DW NOTE
Bitcoin climbs toward all-time highs while gold trades 11.6% below its own peak and oil sits 27% off recent highs despite the Strait of Hormuz remaining effectively closed for 133 days. Markets have stopped pricing geopolitical risk — or they've decided none of it matters as long as the Fed holds rates at 3.65%.