The US political situation favored gold, a major asset in the global value reserve. The country’s federal closures sparked the urge to raise new records for precious metals.
After negotiating for $3,860 as of September 30, the yellow metal went to $3,895 at the beginning of Wednesday, October 1st. It was the new historic biggest At the price of that millennium asset.
He then corrects and remains for USD 3,873 as seen in the graphics provided by TradingView as he writes this report.
US federal government closure. uu. An episode of a political crisis that arises when Congress does not approve funding in time, as if the government continues to run.. As a result, non-essential activities have been stopped..
this year, Democrat and Republican politicians disagreed with health issues They also collided with spending levels, and the budget was not approved by September 30th. This was a suspension day.
The context in which hundreds of civil servants are affected creates an environment of doubt and uncertainty among investors. Given the circumstances, these will be evacuated to value reserve assets such as gold and of course Bitcoin (BTC).
In fact, the most valuable digital currency on the market He also benefited from the political turmoil in America. And, as Cryptootics reports, the level of strengthening positive expectations by investors pointing to a new bullish October for this digital asset has risen to US$116,000.
(tagstotranslate)bitcoin(btc)
