Bitcoin, Gold and Silver experience sudden rise (gain) during the early Asian trading market due to the weakness of the dollar, according to PANews analysis reports. The market noticed unusual signal revealing the U.S Department of Justice’s subpoena and criminal charge threat against its policy independency.
Even though the threat looms without visible signs, the economic impact is still limited thereby raising huge concern about the Central Bank independence. This has leads to alternative value demands increase.
As Gold and Precious metals continue in their respective upward trends and movement, bitcoin initially rose but didn’t surpass $92,000. Currently the market attention is pointing on the U.S Cnsumer Price Index which will be release in the next few hours.