Bitcoin Nears $70k on Trump Comments, Falling Yields

Bitcoin surged close to the $70,000 mark after former President Donald Trump made supportive remarks regarding cryptocurrencies, alongside a broader trend of falling global bond yields. Lower yields typically reduce the opportunity cost of holding non-yielding assets. This development could indirectly support gold prices, as falling yields often make bullion more attractive, potentially influencing investor sentiment in Pakistan's sarafa market.

بحوالہ / Source: www.investing.com