Gold and Bitcoin Skyrocket as Treasury Bonds Stumble

When Treasury Secretary Scott Bessent made some big moves, gold and Bitcoin went boom! Gold shot up 7% to $4,730, and Bitcoin zoomed 24% to almost $80,000. Investors are ditching boring bonds for shiny, scarce assets to escape inflation. With the Treasury shaking things up, everyone’s rethinking their cash stash and chasing that sweet, sweet scarcity.