According to CoinMeta, the US dollar tumbled significantly during Asian trading hours on Friday, with investors turning to assets such as Bitcoin and gold due to concerns about the credibility of the US fiscal policy. Analysts pointed out that the expansion of the Treasury Department's bond repurchase program is seen as a temporary fix, rather than a solution to the structural issues in the US fiscal dynamics. As investors shift funds away from the US dollar and government bonds towards gold and Bitcoin, the latter is expected to record its largest weekly gain in over two and a half years. Despite officials from the Treasury Department stating their readiness for further intervention, there are new doubts about the credibility of their policies.