Investors Dumping Gold For Bitcoin?
Investors Dumping Gold For Bitcoin?
According to a recent analysis, investors are dumping gold for Bitcoin, driving down both the gold price and bond yields simultaneously, while cryptocurrencies are up in a big way.
Read more: cointelegraph.com
Other hot crypto news today
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- Dave Chapman: Bitcoin $100,000 And ETFs Are Probable
- UBS to Launch Live Ethereum Platform with Barclays, Credit Suisse and More
- Bitcoin Price Headed for $100000, Says Trader Who Called Q4 Rally
- Bitcoin Mining Operations Increase Sharply Resulting in Blackouts
- CBOE: Website Crash Had ‘No Impact’ On Bitcoin Futures Success
- Saxo Bank’s Van-Petersen: Bitcoin Price At $100k By 2019 Is ‘Prudent’
- France Gives Go-Ahead for Blockchain Trading of Unlisted Securities
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Looks like a good time to buy some gold!
Agreed.
It's not gold or crypto, it's both ;-p
Hard assets are my go too, land, gold, and silver...but I am really liking crypto because I loath our banking systems.
that makes two of us!
I am collecting more gold and a whole lot more silver. What an opportunity!
We should expect to see a lot more articles like this. I do think gold will lose a lot of value as bitcoin becomes the main international form of transaction. Keep up the good posts!!