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787. Euro Falls to 20-Year Low | Bitcoin Outperforms Stock Market

787. Euro Falls to 20-Year Low | Bitcoin Outperforms Stock Market
Sep 27, 2022 · 40m 30s

The British pound's searing drop helped lift the safe-haven U.S. dollar to a new two-decade peak against a basket of major currencies, while the euro hit a fresh two-decade low....

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The British pound's searing drop helped lift the safe-haven U.S. dollar to a new two-decade peak against a basket of major currencies, while the euro hit a fresh two-decade low. As the pound's slide rippled across markets, Sunday's election in Italy, in which a rightist bloc looked set for a solid majority, appeared to have little immediate impact. Bitcoin BTCUSD +1.11% was largely unchanged Monday, with the digital asset space largely outperforming the stock market since a selloff late last week in what could be a good sign for cryptocurrencies.

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Author Rever Networks
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