Financial concerns and tepid demand for U.S. Treasury bonds pushed the dollar to a two-week low against the yen on Thursday as President Donald Trump tried to push a comprehensive spending and tax cut bill through Congress. Bitcoin hit an all-time high on Thursday, partly as investors sought alternatives to US assets. Gold also benefited, reaching a nearly two-week high of $3,325.79

, putting it within $175 of its record high set in April. "Despite the decline in stocks, the US dollar has not seen traditional safe-haven demand, while gold, the euro, and the yen have benefited," said James Nifton, a trading expert at Convera. Republicans remain divided over the details of the tax bill. House Speaker Mike Johnson stated that hardliners within the party still believe the bill does not cut spending enough

. According to nonpartisan analysts, the bill is expected to add between $3 trillion and $5 trillion to the country's debt. The dollar fell to 143.27 yen in early trading in Asia, its weakest level since May 7. The South Korean won jumped to its highest level since November 4, at 1,368.90 against the dollar, on Wednesday, after the Korea Economic Daily reported that Washington had urged Seoul to take steps to bolster the value of the won, which fell slightly on Thursday to 1,377.00. The euro was last trading at $1.1330, after rising 0.4 percent on Wednesday,
 its third consecutive session of gains. The British pound also stabilized at $1.3426. The Swiss franc rose slightly by 0.1 percent to 0.8245 against the dollar. Bitcoin's price rose 1.6 percent in the latest trading session to $110,049.82, after earlier reaching an all-time high of $110,636.58.