Investors Seek Gold & Bitcoin Amid Concerns Over Dollar Devaluation

With concerns about the U.S. dollar’s stability rising, investors are turning to alternative assets like gold and Bitcoin for safety. Ken Griffin, CEO of Citadel Investment Group, has highlighted this shift, citing significant asset inflation and rising US sovereign risk as key drivers. He observed a growing investor movement toward these assets as hedges against potential devaluations. This trend aligns with historical patterns where investors sought refuge in gold and Bitcoin during economic uncertainties and currency volatility.