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Benzinga
Benzinga
Business
Aniket Verma

Bitcoin Surges, Ethereum Nears $4000 As Treasury Yields Pop, Dollar Weakens — 'Deficit Spending Crisis Is Much Worse Than You Think' (edited)

Cyrptocurrency,Bitcoin,Coin

Capital markets commentator The Kobeissi Letter hinted at a global shift away from fiat currencies, as cryptocurrencies surged alongside a weakening U.S. dollar

What happened: In an X post on Monday, The Kobeissi Letter underlined the strong bullish momentum in top cryptocurrencies, such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).

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