Gold Hits Record, Bitcoin Climbs Amid Fed Cut Bets: Markets Wrap
Gold and Bitcoin Reach New Highs Amid Market Optimism In Asian trading, gold surged to a record high of $2,135.39 an ounce, while Bitcoin pierced $40,000. This comes as markets showed little concern for Federal Reserve Chair Jerome Powell’s recent comments indicating that policymakers have no immediate plans to ease interest rates. According to Kyle…