787. Euro Falls to 20-Year Low | Bitcoin Outperforms Stock Market
Sep 27, 2022 ·
40m 30s
![787. Euro Falls to 20-Year Low | Bitcoin Outperforms Stock Market](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/757eca26b0a6efd7f2851909825d67c9.jpg)
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Description
The British pound's searing drop helped lift the safe-haven U.S. dollar to a new two-decade peak against a basket of major currencies, while the euro hit a fresh two-decade low....
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The British pound's searing drop helped lift the safe-haven U.S. dollar to a new two-decade peak against a basket of major currencies, while the euro hit a fresh two-decade low. As the pound's slide rippled across markets, Sunday's election in Italy, in which a rightist bloc looked set for a solid majority, appeared to have little immediate impact. Bitcoin BTCUSD +1.11% was largely unchanged Monday, with the digital asset space largely outperforming the stock market since a selloff late last week in what could be a good sign for cryptocurrencies.
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~This episode is sponsored by Bybit~
Receive up to a $500 Bonus upon depositing & signing up to Bybit.
Join Now! - https://bit.ly/ByBitPBN2
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Author | Rever Networks |
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