Bitcoin and Gold “Miners Multiple” Points To Drastically Different Price Peaks
Throughout history, the story has always been about silver and gold. But since Bitcoin was born, gold now has to compete with a better-built, digital counterpart. The arms race for the...
Max Keiser Reports Bitcoin “Relative Strength” Is Good As Gold
Bitcoin price may have snapped back below $11,000 and is struggling to maintain the all-important support level of $10,000, however, its showing more “relative strength”...
Bitcoin and Gold Correlation Leads to Matching Cup and Handle Patterns
Bitcoin and gold are regularly compared due to the similarities they share. But could those same similarities be the reason for each asset’s price charts forming the exact same...
Gold Nears Short-Term Top, Raising Two Possible Scenarios For Bitcoin
The precious metal gold and its digital counterpart, Bitcoin, have been in a safe haven arms race for two-plus years now. The two assets became even more tightly correlated starting on...
Check Out Bitcoin And Gold’s “Uncanny” Correlation During Powell Speech
Yesterday, Federal Reserve Chairman Jerome Powell held a speech to talk about inflation and the impact on the economy. During Powell’s speech, the two top hedges against...
Bitcoin, Ethereum, and Major Cryptos Fall as Dollar Finally Reverses
Bitcoin, Ethereum, gold, stocks, and nearly every other asset on the planet trades against the almighty dollar. Its role as the global reserve currency is an exhausting one, often...
Going Digital: Bitcoin Beats Gold and Silver In Year-To-Date Returns
As the dollar struggles and weakens due to the devastating blow dealt by the pandemic, there’s a battle going on between Bitcoin, gold, and silver for the ideal store of value...
Gold Tokens Reach Milestone Market Cap; Does This Pose a Threat to Bitcoin?
Bitcoin and gold have been rising in tandem, as the dollar has been falling. It has also driven the growth of the market cap of digital gold tokens, backed by the precious metal...
Why Toppling Silver and Gold Prices Could Be Especially Bad for Bitcoin
In March 2020, the stock market dragged cryptocurrencies down to their Black Thursday bottom. Since then, however, soaring gold and silver prices have helped restore interest in...
Goldman Chief That Slammed Bitcoin Says Gold Has No Role For Clients
Months ago, Goldman Sachs made headlines across the Bitcoin community for saying cryptocurrencies are “not an asset class.” Now, the same Goldman exec that led the firm to...
How “Picture Perfect” Macro Uncertainty Will Keep Gold, Bitcoin Trending
This week, the United States Senate introduced another stimulus package that would add more than $1 trillion to the Fed’s already ballooning balance sheet. In response, gold...
There’s a Big Catch to This Week’s Bitcoin Pump – And It Involves the Dollar
Bitcoin price pumped this week to above $11,400 in an explosive 14% intraday move. However, the rally being so powerful may have more to do with the dollar’s weakness, and less...