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The Fed’s ‘Biggest Nightmare’ Is Suddenly Coming True As Bitcoin Price Surges - FORBES
Bitcoin has suddenly rocketed higher, passing its previous all-time high and climbing to over $106,000 as incoming U.S. president Donald Trump confirms his plan for a bitcoin game-changer.
The bitcoin price has more than doubled since dropping to August lows, helped by Tesla billionaire Elon Musk fanning flames of doubt over the future of the U.S. dollar.
Now, as a leak reveals Russia could be poised to beat the U.S. to a bitcoin reserve, the Federal Reserve has been warned its "biggest nightmare" could come true in 2025.
