Bitcoin and Precious Metals Surge as Fed Injects Billions

Bitcoin and precious metals like gold and silver have surged amid speculation that the US Federal Reserve will relax its monetary tightening policy and may even cut it. The recent bailouts of four significant financial institutions and the Fed's quantitative easing have fueled the values of precious metals and the cryptocurrency economy. Market investors believe that the Fed is 'back to printing money' again, and the next round of bailouts/easing/reflating the financial system is here.