FeesSafety
Pluang+

US push to keep Treasury debt may boost Bitcoin and gold as crisis-proof reserves, says Doomberg.

Market News
30 Oct 2026, 18:19 WIB
Tokenpost
View Source
Neutral
US push to keep Treasury debt may boost Bitcoin and gold as crisis-proof reserves, says Doomberg.

Doomberg argues that US efforts to convince allies to hold onto Treasury debt could restrict central banks' options during crises. He connects this pressure to the recent weakness in gold prices since late February. Despite short-term declines, Doomberg sees a long-term role for gold and Bitcoin as neutral reserve assets. He also notes Bitcoin's growing appeal among younger generations who prefer digital currencies.

The story on Doomberg's views about U.S. pressure on Treasury holdings and the long-term case for Bitcoin and gold is provided here with Pluang market data for context. For readers following cryptocurrency markets, as of Oct 30, 2026 22:03 WIB, breadth among 50 major cryptocurrencies on Pluang showed 5 rising and 44 falling. Notable movers included CAKE at Rp33.945 with a 1-day change of -9.77% and a Pluang order activity of 91% Sell / 9% Buy, XTZ at Rp4.641 down 9.73% with 100% Sell orders, and SNX at Rp3.325 down 9.72% also with 100% Sell orders.

More News

FreightCar America stock drops 31.4% after removing 1,285 railcars from backlog, sparking fraud investigation.

FreightCar America stock drops 31.4% after removing 1,285 railcars from backlog, sparking fraud investigation.

FreightCar America disclosed on October 19, 2026, that it removed 1,285 railcars from its backlog after a customer was unlikely to fulfill contractual obligations, causing its stock to drop 31.4% to $4.02. This sharp decline has led Glancy Prongay Wo...

Market News
Bearish
35 minutes ago
FirstCash shares drop 14.75% after Q3 earnings reveal 28% income decline in finance segment.

FirstCash shares drop 14.75% after Q3 earnings reveal 28% income decline in finance segment.

FirstCash Holdings, Inc. shares fell 14.75% following the October 22, 2026 disclosure of its third quarter financial results, which showed a 28% year-over-year decline in operating income for its American First Finance segment to $33 million. The com...

Market News
Bearish
35 minutes ago
Screw compressors market to hit $18.38B by 2031, driven by automation and energy-efficiency upgrades.

Screw compressors market to hit $18.38B by 2031, driven by automation and energy-efficiency upgrades.

The global screw compressors market is projected to grow from $13.97 billion in 2026 to $18.38 billion by 2031, at a CAGR of 5.66%. Growth is fueled by rising industrial automation, energy-efficiency regulations, and demand in manufacturing, oil and ...

Market News
Bullish
35 minutes ago
Enova shares drop 23.43% after withdrawing bank acquisition application, prompting securities fraud investigation.

Enova shares drop 23.43% after withdrawing bank acquisition application, prompting securities fraud investigation.

Enova International's stock fell 23.43% after the company withdrew its application to acquire Grasshopper Bancorp and become a bank holding company. The withdrawal was due to unclear regulatory standards and political pressures cited by Enova. This s...

Market News
Bearish
35 minutes ago
Dialysis machines market to grow 6.5% CAGR to $31.54B by 2035, driven by home dialysis and tech advances

Dialysis machines market to grow 6.5% CAGR to $31.54B by 2035, driven by home dialysis and tech advances

The global dialysis machines market is forecasted to grow from $17.89 billion in 2026 to $31.54 billion by 2035, at a CAGR of 6.5%. Growth is fueled by rising chronic kidney disease cases, expanding dialysis infrastructure, and innovations like home ...

Market News
Bullish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App