CoinDesk·2 min read
Gold, silver and bitcoin tumble as debasement trade unwinds
J
James Van Straten
The sell-off has been driven largely by growing fears of tighter monetary policy under new Federal Reserve Chair Kevin Warsh. Markets are currently pricing in two 25 basis point rate hikes by March 2027, which would lift the federal funds rate to 4.00%-4.25% due to renewed inflation fears.
✦
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in