Trader Considers $4 Million Payday as Gold Price Surges Past $5,000

The Gold price has surged past the $ 5,000-per-ounce mark, setting a historic benchmark for the precious metal. This move suggests mounting investor concern over the US Dollar’s ongoing decline, while Bitcoin and Ethereum remain well below critical levels Gold Rockets Past $5,000 Amid Dollar Collapse As of this writing, Gold is trading for $4,987 The post Trader Considers $4 Million Payday as Gold Price Surges Past $5,000 appeared first on BeInCrypto.

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Gold is no longer as valuable as crypto, says Ethereum’s co-founder

A common theme has dominated cryptocurrency news headlines in 2022: there have been far more lows than highs. Most notably, the prices of a handful of the well-known companies in the crypto universe have fallen dramatically in the past few months.

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Bitcoin Beats September Stock Market Performance, Return Of Digital Gold?

Ever since losing around 80% of its value from its all-time high, Bitcoin has been questioned as a store of value and a digital equal to gold. The digital currency still records the best performance for any asset across the last decade, but critics are fast to point out past year’s losses. Related Reading: Crypto […]

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Equities-Gold Trends Amid Inflation, Global Events

Equities have achieved huge gains over the past century when measured in U.S. dollars. But how have they performed relative to gold?

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Bitcoin Shows Resilience In Dollar-Driven Bloodbath | BTCUSD September 26, 2022

In this episode of NewsBTC’s daily technical analysis videos, we examine the recent resilience in Bitcoin compared to traditional assets like gold, oil, and the S&P 500. We also compare BTC to the DXY Dollar Currency Index and past crypto bear market bottoms.

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Bitcoin ‘buy’ signal excites as dollar, gold extend losses, BTC price heads past $41.5K

Nothing stands in the way of Bitcoin’s latest renaissance, even as gold tumbles and the U.S. dollar checks its progress.

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Michael Saylor Praises Bitcoin’s Scarcity, Says Gold Is A Commodity

CEO of MicroStrategy Michael Saylor remains one of the most vocal supporters of bitcoin. Countless times in the past, Saylor has always lauded the benefits of the digital asset, which he says is the best investment.

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Is Bitcoin losing safe haven image as gold soars amidst Eastern European crisis

Bitcoin's mainstream acceptance over the past few years has managed to link the top cryptocurrency with traditional finance in more ways than one. While institutional interest has been a positive signThe post Is Bitcoin losing safe haven image as gold soars amidst Eastern European crisis appeared first on AMBCrypto.

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Is Bitcoin's price being held back by herd mentality?

Over the past few years, Bitcoin has fought to be considered a safe-haven asset. While precious monetary metals like gold still dominate this category and are able to retain their value with low correThe post Is Bitcoin's price being held back by herd mentality? appeared first on AMBCrypto.

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Bitcoin Gold price rises 24% ahead of monthly close

Bitcoin Gold price is up 23% in the past 24 hours as price breaks...

The post Bitcoin Gold price rises 24% ahead of monthly close appeared first on Coin Journal.

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Peter Schiff: Bitcoin Won’t “Even Come Close” to Its $20k High This Year

It’s been a strong past few months for both Bitcoin and gold. The leading cryptocurrency is up more than 150% from its March low while the precious metal has gained 15%. Both performances mark notable gains for the assets.

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Market Wrap: Bitcoin, Altcoins, US Stocks, & Gold All Fluctuating But Remains in Red

After falling under $9,000 briefly, bitcoin is now trying to stay above $9k. BTC’s losses turned the market red, but as the day progressed, cryptos have been fluctuating between gains and losses. Bitcoin has spent most of its time in the $7,500 and $10,400 price range in the past year, shared trader Satoshi Flipper, who […]

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Bitcoin Correlation to Gold is Still Steadily Growing Stronger

In the past several months, the correlation between the most recognized cryptocurrency and the most famous precious metal is reaching new heights. Coin Metrics analysts say Bitcoin and Gold got into the same recovery patterns after the March-April sell-off.

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Peter Schiff Claims The Latest Bitcoin Rally Is Due To Major Manipulation By Whales

Bitcoin has registered a strong recovery the past few days from lows of around $8.6K. At the time of publication, BTC is sitting comfortably above $9,400. Perhaps the most interesting thing about this rally is that it came hot on the heels of public criticism from a mainstream investment bank.  However, gold bug Peter Schiff […]

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Slowing Bitcoin Buying Trend Expected as Experts Predict Worse US-China Relations

Tensions between the United States and China in the past led to an increased interest in Bitcoin and gold in the past. But now that the economy is on thin ice due to lockdown conditions, worsening relations between the two countries are expected to have a negative impact on the assets in the near term.

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Bitcoin Critics Lampoon Latest Price Plunge, Claim Whales Are Responsible

Many crypto market pundits are sure that the Bitcoin price will skyrocket sometime after the halving, they claim six months to two years for Bitcoin to soar past a new all-time high price. However, in reaction to the recent price drop, Gold bug, and Bitcoin-hater, Peter Schiff uncovers the possible whale’s inner sentiment. The large […]

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Why Bitcoin Whales Have Been Solidly Accumulating Since January

Bitcoin has been in a long-term uptrend since March 12. The digital asset managed to recover and it’s solidly trading above $9,000. Bitcoin has been able to outperform traditional stocks and gold for the past month and continues surging.

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Bitcoin Shaping up to be a “Higher Gold 2.0” as Bullishness Grows

Bitcoin has seen some immense bullishness throughout the past couple of days, with the benchmark cryptocurrency incurring a notable uptrend that allowed it to climb from lows of $7,700 to highs of $9,500.

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First Mover: Bitcoin Now Crushing Gold After Biggest Price Jump in Six Weeks

"Digital gold" has surged past the yellow metal to become one of the year's best performing assets, up more than 20% in 2020.

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Is Bitcoin's digital gold narrative the catalyst for institutional investor adoption?

Institutional investors are finally welcoming change, with the past few months seeing the increasing adoption of digital assets like Bitcoin. While cryptocurrencies were once looked at as inferior andThe post Is Bitcoin's digital gold narrative the catalyst for institutional investor adoption? appeared first on AMBCrypto.

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What I’ve Learned Learned From Trading Bitcoin, Stocks, and Gold Side-by-Side

As an opportunist and inherent risk-taker, the recent volatility in traditional markets like stocks and gold has proven too alluring an opportunity for this Bitcoin trader to pass up. Here is a collection of what I’ve learned over the past month trading traditional markets versus the Wild West of cryptocurrencies. The Wild West of Bitcoin...

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Gold Markets Remain Out of Sync Despite High Demand

Gold has been a hot trade recently, but two of the leading markets for the precious metal are out of sync. Gold is up in the past month some 16%. Demand has been high, but markets are struggling to keep up.

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Despite COVID-19 Sell-off, BTC’s Correlation With Gold Has Increased, Hinting At A Growing Safe-Haven Status

In the past few weeks during the COVID-19 pandemic, we saw the correlation between bitcoin and the stock market surging to a new high. However, according to Gabor Gurbacs, a digital asset director at VanEck, bitcoin’s correlation to gold also jumped in 2020.

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Tezos, Bitcoin Gold, Maker put on the brakes as altcoin surge stalls

A general rise in the price of altcoins over the last few days has contributed to increasing investor confidence across the market. However, over the past 24-hours, the altcoin uptrend has been put onThe post Tezos, Bitcoin Gold, Maker put on the brakes as altcoin surge stalls appeared first on AMBCrypto.

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Bullish sentiment in play as price of Chainlink, Bitcoin Gold and Decred rises

14th ranked Chainlink surged by 7.12 percent over the past day as its market cap improved to $812 million. With a trading volume of $270 million, the valuation hiked from $2.213 to $2.33 at press timeThe post Bullish sentiment in play as price of Chainlink, Bitcoin Gold and Decred rises appeared first on AMBCrypto.

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Bitcoin Beating Gold But What will Hold its Value Better in Five Years?

The price of bitcoin is currently trading in the green by 2. 34% as it trades around $6,450. Although down 11. 89% YTD and about 34% since the COVID-19 pandemic hit the markets, the crypto asset is up over 54% in the past year.

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Bitcoin's recovery over the week undercut by weekend slips

Despite the many bumps on its road, Bitcoin has been acting as a beacon for other risk assets after its price rallied a week before Gold and equities. However, over the past week, Bitcoin did not reflThe post Bitcoin's recovery over the week undercut by weekend slips appeared first on AMBCrypto.

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FDIC Urges People to Not Pull Money Out in a Desperate Attempt to Avoid A Bank Run

In the past weeks, investors have fled out of risky assets that resulted in equities, oil, cryptos to even gold and bonds falling in prices. The risky assets along with traditional safe haven assets were left out in favor of cash.

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Gold Nears All-Time High, Bitcoin Price Likely To Follow

Gold is closing in on its All-Time Highest (ATH) price following a remarkable reversal of fortunes over the past few days. The asset is on an upward trajectory and is on track to reach its ATH valuation of $1,870 per ounce recorded in Sept.

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Two Popular Altcoins Still Recording Over 140% Gains in 2020 So Far

As Bitcoin jumps to nearly $6,900, altcoins follow up. However, this time, the world’s leading cryptocurrency is the one that is ruling the market with over 6% gains in the past 24 hours. After experiencing a massive sell-off that dominated all asset classes, whether equities or gold, Bitcoin with other risky and safe-haven assets are […]

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Bitcoin Options scream sell as massive expiry on the horizon

As world markets gear up for what is likely to be yet another historic week, hedging eyes will be on Bitcoin as well. In the past week, as the SPX lost over 8 percent of its value and gold traded flatThe post Bitcoin Options scream sell as massive expiry on the horizon appeared first on AMBCrypto.

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Bitcoin, gold spar over 'safe-haven' status as U.S treasury bonds take the cake

The past few weeks have been extremely trying for financial markets across the globe. The COVID-19 pandemic its associated panic has created a domino effect after frenzied sell-offs led to a market crThe post Bitcoin, gold spar over 'safe-haven' status as U.

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Bitcoin, 'by design' a store of value, may prove itself this year

For the longest time, traditional investors have looked at gold as a safe-haven asset that can withstand turbulence in the market and provide a certain degree of immunity and safety. Over the past fewThe post Bitcoin, 'by design' a store of value, may prove itself this year appeared first on AMBCrypto.

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Demand for Internet Dollars: Crypto Investors Pile into Stablecoins for Safety

Over the past few weeks, stocks markets, crypto markets, everything took a brutal beating amidst the fear of coronavirus pushing the market into recession. Investors have been selling everything they can get their hands on, even safe haven assets like gold and bonds got sold off in a rush to the safety of cash. It's […]

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This set of data shows that Bitcoin’s “safe haven” narrative may lead to a price boom

Bitcoin has seen some heightened volatility over the past few weeks, with much of its recent downside coming about as a result of that incurred by both Gold and the benchmark U. S. stock indices, which have all cratered due to the rapidly mounting economic impacts of COVID-19.

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BTC Investors Are Buying the Dip But Watchout, Options Expiry Are Coming

For the past few days now, bitcoin is showing the signs of decoupling from the other risky assets like gold as the digital asset jumped to $5,920, up 8. 13%, with more than $2 billion worth of bitcoin exchanging hands-on top ten exchanges with real volume.

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Looking At Gold, Should We Remain as Confident as Ever in Bitcoin’s Long-term Value?

In the past month, Bitcoin lost 50% of its value following the stock market, oil, Treasuries, and even gold as the coronavirus continues to spread. Central banks around the world have injected billions of dollars but the global markets are still taking a beating with broad falls across multiple sectors. This past week, bonds, US […]

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Markets Collapse as Lockdowns Expand

Bitcoin has lost $2,000 in minutes. Dow Jones is down 34% in the past two weeks. Gold is down too. Oil is at near all time low. The market gains... The post Markets Collapse as Lockdowns Expand appeared first on Trustnodes.

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Bullish For Bitcoin: COVID-19-Driven Rate Cuts Are Coming

Global markets have been in a proverbial bloodbath over the past couple of days. Gold, which had defied the downtrend for a few days, has also joined in the sell-off. The markets appear to be responding to the potential of the coronavirus to upend the global economy.

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Will Bitcoin Usher an Era of Digital Commodities Trading?

Bitcoin has shown that it can be used as a hedge against risk. Gold’s latest ascent has presented a scenario for safe-haven investments, and this trend may boost the case for owning $BTC. Gold Prices Peaked at Seven-year High, Rapid Growth in Past Six Months Gold has marked a seven-year high above $1,600, after growing rapidly in the past year.

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Why Bitcoin Has Strengthened Against Gold

The Bitcoin correction has been short-lived, with only a couple of days spent below five figures. Gold and related stocks are also climbing — but they’re way short of the king of crypto. Digital asset markets have regained their composure today with a total market capitalization gain of $15 billion over the past 12 hours […] The post Why Bitcoin Has Strengthened Against Gold appeared first on BeInCrypto.

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Can Ethereum serve as an intraday hedge against stocks and gold?

Bitcoin's price, at press time, was $10,144. And while the king coin's price has dipped significantly over the past few hours, Bitcoin's surge over $10,300 was the world's largest cryptocurrency's bigThe post Can Ethereum serve as an intraday hedge against stocks and gold? appeared first on AMBCrypto.

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Peter Schiff Is the Last Person Who Should Lecture the Public on Bitcoin

Peter Schiff has spent the past few years bashing Bitcoin and advising people not to even touch it, leading one to wonder why he’s bent on giving counsel about the asset. On Sunday, the gold bug sparked a massive debate over cryptocurrencies and their storage after he announced on Twitter that he had lost access […] The post Peter Schiff Is the Last Person Who Should Lecture the Public on Bitcoin appeared first on BeInCrypto.

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Bitcoin Outperformed by Mysterious Precious Metal With 220% Gains in 2019

The rare metal rhodium has been unexpectedly surging in 2019 and has far exceeded Bitcoin’s returns in the past year. Everyone’s always comparing Bitcoin to gold. However, other precious metals have shown significant promise due to their rarity and how costly they are to find.

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What is Litecoin? | A Complete Beginners’ Guide

Litecoin (LTC) is one of the oldest existing cryptocurrencies, and also one of the most valuable. For much of its existence it has been seen as the silver to Bitcoin’s gold, but in the past couple of years it has lost its place as the second most popular cryptocurrency, with innovative competitors like Ethereum, Ripple,… The post What is Litecoin? | A Complete Beginners’ Guide appeared first on UNHASHED.

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Litecoin takes a page from its past; repeats pre-2019-rally pattern

The silver to Bitcoin's gold, Litecoin, has had a rather tough time since its halving. The price of Litecoin has reduced by a massive 70% since its last peak in 2019. The coin trades at $45 and has a The post Litecoin takes a page from its past; repeats pre-2019-rally pattern appeared first on AMBCrypto.

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Bitcoin Graduates to Safe Haven Status

Bitcoin has behaved in the past few days as you’d expect a safe haven asset to behave, inversely correlating with stocks and for a period correlating with gold as well... The post Bitcoin Graduates to Safe Haven Status appeared first on Trustnodes.

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As Tensions with Iran Fade, So Does Bitcoin’s Chance at a Parabolic Run

Over the past two weeks Bitcoin (BTC) has formed an uncanny correlation to traditional safe haven assets like Gold, with its price rising as tensions within the Middle East region began building earlier this month and falling when these tensions showed signs of decreasing.

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Bitcoin Rallying Hard, Gold Rallying Hard – Not a Coincidence

This week Bitcoin is making a lot of movement that has us at the level we were at in mid-Nov. First, on Jan 3rd, Bitcoin jumped from $6,850 to well above $7,400. Now today we shot past $8,000 to nearly $8,470.

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Bitcoin (BTC) Eyeing $8800 Next amid Rising Gold, Oil Prices

Twice within the past week bitcoin prices have reacted strongly to escalating geopolitical tensions reinforcing its status as a safe-haven asset. Bitcoin Surges 10% on Iranian Missile Attack Over the past couple of hours, BTC has surged to reach a seven-week high of $8,450 according to Tradingview.

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