From Investing.com: 2025-05-22 01:01:00

Concerns over rising US debt and large deficits are boosting yields, gold, and bitcoin. Gold is approaching all-time highs in the mid-$3400s with little resistance in its way. Bitcoin’s uptrend remains strong, with potential for quick gains towards $115K or $120K. The US House of Representatives faces a crucial vote on President Trump’s budget package, with ongoing negotiations on key elements. Market worries about the US debt are growing, leading to rallies in gold and bitcoin. Gold is bouncing off its 50-day EMA, while bitcoin is extending gains towards $109,362 with potential for further upside.



Read more at Investing.com: Gold, Bitcoin Forecast: Fiat Alternatives Rally on Trump Budget Drama