Bitcoin Wavers at $62K Amid Major Swings in Stocks, Gold; Memecoins Falter as Profit-Taking Sets In
Traditional risk assets like stocks surged while gold and oil tumbled, but cryptos didn’t get the memo.
Gold
Why gold is set for another ‘price explosion’
As the price of gold soars, technical indicators suggest that the metal might be on the verge of a sustained … Continue reading
The post Why gold is set for another ‘price explosion’ appeared first on Finbold.
Bitcoin, Gold Could Benefit From Rising Geopolitical Tension and U.S. Election: JPMorgan
Geopolitical risk fueled by conflict in the Middle East and the upcoming U.S. election are likely to reinforce the debasement trade, to the benefit of both bitcoin and gold, the report said.
Bitcoin’s Poor Start to Bullish October Continues, but There May Be Cheer Ahead for Bulls
Most gains come in the latter part of the month.
Bitcoin Slides Below $63K, Diverging from Gold as Middle East Tensions Flare Up
The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.
Is Gold rally signaling a black swan event?
As gold records explosive price growth to new record highs, an analyst has warned that market players should monitor the … Continue reading
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Bitcoin, Gold May Be Sensing Monetary Debasement as Records Beckon
With both assets leading the market, here’s a closer look at the factors driving their remarkable performance.
Bitcoin Left Out as Stocks, Bonds and Gold Party on Global Monetary Easing
Markets are rallying as might be expected on a new rate cut cycle, but crypto continues to struggle.
Bitcoin Decouples From Gold as Crypto Continues in Bearish Phase
Bitcoin {{BTC}} is in the midst of a period of negative correlation with gold, signalling a risk-averse environment where investors favor traditional safe-haven assets like gold as opposed to speculative assets.
Crypto for Advisors: Bitcoin and Gold, Stores of Value
The approval of the bitcoin and Ethereum ETFs could represent a similar change in market to what central banks caused in gold markets post-2022 – a new factor that, at least temporarily, overwhelms traditional narratives, including the “store of value” concept.