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
|
Patrick Gruhn, the former head of FTX Europe, has paid nearly $1.5 million for a gold pocket watch recovered from the body of the Titanic’s richest passenger, The Wall Street Journal has reported.
The age-old debate over how best to store wealth reignites as Bitcoin and gold lock horns. Peter Brandt, a veteran financial trader, throws his weight behind Bitcoin, claiming it will dethrone gold as the long-term champion.
Nilam Resources, a South American gold mining company, has announced its plans to acquire 24,800 Bitcoins, valued at approximately $1.7 billion, through a press release dated March 26. The acquisition involves the issuance of a new Preferred Class of Series…
In a year dominated by Bitcoin ETF mania and equity market bullishness so far, the gold price has remained something of an enigma. Invezz spoke to David Morrison, senior market analyst at financial services provider Trade Nation, with all the pressing questions about gold right now.
Bitcoin rose to a record high on Monday, fuelled by continued positive momentum of spot bitcoin ETFs.
The bitcoin spot ETF market could grow to around $62 billion in the next two to three years, the report said.
For as long as there have been markets, gold has been considered a haven in times of hardship. But that may now be changing, with the mass exodus we have seen in recent months of investors flocking away from – not towards – gold ETFs.