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New Evidence Shows Bitcoin Sell-Off Triggered By Newer Market Entrants

Bitcoin recorded one of its greatest single-day loss last Thursday, March 12, after its price plunged by over 50%. The huge decline was a result of a massive sell-off in the bitcoin market triggered by concerns of an impending global economic crisis due to the mass spread of the coronavirus epidemic. The selling pressure was […] дальше »

2020-3-19 18:49


No Haven Safe: Silver, Gold and Other Precious Metals Nosedive Alongside Bitcoin

Amidst an economic crisis, precious metals like gold and silver often act as a safe haven for capital, while other assets fall in value. However, growing concerns over the coronavirus and a possible recession in the near future have created such hysteria and panic, that not even silver, gold, platinum, palladium and other precious metals... дальше »

2020-3-17 22:00


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Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty

The U. S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed for bankruptcy in 2008. дальше »

2020-3-4 16:20


BTC Remains Unaffected With Stock Market Plunge, Out of Control Gold; But It’s a Good Thing

Renewed fears that the coronavirus will negatively affect the global growth has Gold going out of control. The bullion soared toward $1,700 an ounce amidst a flight to haven assets. “Commodities are witnessing another risk-off day as coronavirus concerns boil up,” said Norbert Ruecker, head of economics at Julius Baer Group Ltd adding, “the flight […] дальше »

2020-2-25 19:22


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Coronavirus concerns did not cause the Bitcoin price to spike 15%, but here’s what actually did

The Bitcoin price has climbed by 15 percent in the past two weeks from $8,565 to $9,800. While many attribute the upsurge to the coronavirus outbreak, that argument is far-fetched. Bitcoin was on an upward trend regardless Throughout the past 12 months, the Bitcoin price has not demonstrated a clear inverse correlation with the equities […] The post Coronavirus concerns did not cause the Bitcoin price to spike 15%, but here’s what actually did appeared first on CryptoSlate. дальше »

2020-2-6 15:30