2019-5-4 16:00 |
Correlation isn't causation, but it looks like gold's fall is driving bitcoin prices up.
Similar to Notcoin - Blum - Airdrops In 2024
|
The cryptocurrency market saw the prices of most coins fall as Bitcoin [BTC], the largest cryptocurrency, faced a significant fall on April 21. However, if Thomas Lee, a Bitcoin enthusiast, has to be believed, the correlation between Bitcoin and altcoins could bring in 1,100% gains similar to the 2017-2018 bull run.
2019-4-22 21:30 | |
|
|
As traditional equities have plummeted in value, especially Nasdaq-based technology stocks, interestingly, so has the Bitcoin (BTC) market. This seeming correlation was most recently exemplified by crypto’s tumble on Christmas Eve, as BTC fell from $4,200 to $3,800 as industry commentators were claiming that a “Santa Claus rally” was nigh.
2018-12-27 18:29 | |
|
|
Bitcoin (BTC) had a steep decline yesterday. During the last hour of trading, it plunged further into the red. This marks the completion of the final wave of capitulation. Bitcoin (BTC) has now begun the day in green.
2018-10-12 16:00 | |
|
|
The recent fall in ethereum’s price appears to have led to a divergence from its usual correlation with transaction numbers and other network usage statistics. For much of 2017 and... The post Ethereum’s Price and Transaction Numbers Diverge appeared first on Trustnodes.
2018-8-16 19:14 | |
|
|
|
Аналог Notcoin - Blum - Играй и зарабатывай Монеты
|
Gold has been under pressure while Bitcoin has thrived since the US presidential election as the industry expects a strong shift to crypto assets. The leading investment asset, also used as the primary inflation hedge, plunged to a one-month low…
The ratio surged 12% Wednesday as the pro-crypto Republican candidate Donald Trump won the U.S. presidential election.
With gold and Bitcoin both at or near record highs, the debate over which is better ‘hard money’ is heating up as investors seek hedges against economic uncertainty, inflation, and geopolitical change.
Billionaire Paul Tudor Jones is bullis on gold and Bitcoin. The hedge fund manager told CNBC in an interview that commodities are under-owned. Paul Tudor Jones says he is long the precious metal gold and digital asset Bitcoin (BTC) ahead of the US election and as inflationary pressures look to persist beyond the November vote.
Billionaire hedge fund manager Paul Tudor Jones is short bonds, and long Gold and Bitcoin. Sound the alarm!
Better times for Bitcoin may lie ahead as the co-founder of BitMEX feels that the current geopolitical tensions in the Middle East may only push the cryptocurrency to rise higher. According to Arthur Hayes, the effects of war would resonate intensely in the US economy in the form of increased government spending and inflationary levels […]