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Gold
Veteran Trader Peter Brandt on Crypto Markets Outlook
Peter Brandt, Factor Trading Founder and CEO, shares his predictions for bitcoin (BTC), gold and the state of global finance amid the latest crypto market downturn, breaking down price levels and trends to watch.
Opimas CEO ‘Not surprised’ About Bitcoin’s Correlation to Gold
Bitcoin’s correlation with gold hits its highest level in over a year. Opimas CEO Octavio Marenzi says he’s “not surprised” by this correlation, because “the arguments of buying either one are very similar” in this market. But, he adds that this correlation won’t be permanent.
Bitcoin Slips Below $20K as October Doldrums Continue
Bitcoin (BTC) has yet to find inspiration in what has historically been a strong month, trading flat at $19,300. Opimas CEO and founder Octavio Marenzi discusses his crypto outlook ahead of the CPI report this week. Plus, insights into the correlation between bitcoin and gold.
Bitcoin’s Correlation With Gold Hits Highest Level in Over a Year
Last week, the 30-day correlation between gold and bitcoin (BTC) reached over 0.3, its highest in over a year, even as cryptocurrencies decoupled from equities, according to Kaiko. The 30-day correlation between gold and bitcoin has ranged between positive and negative 0.2 since late last year. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Gold 2.0 in Bitcoin?
Data on the performance of bitcoin (BTC) vs. gold since Wednesday shows BTC is finally doing what has long been touted — acting as the ultimate inflation hedge. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
VanEck CEO: Bitcoin Becoming Competitor to Gold
VanEck CEO Jan van Eck discusses bitcoin as an "overvalued" investments and the potential competition between bitcoin and gold.
BTC Down Over 10% in 24 Hours, TerraUSD Drops to 92 Cents
TheoTrade Co-founder Don Kaufman shares his bitcoin price analysis as the “digital gold” dropped over 10% during the last 24 hours. How is BTC correlated with the Nasdaq and S&P 500?
BTC Could Drop to $33K, Investors Looking at ETH
MarketGauge Group Managing Director Michele Schneider shares her bitcoin price outlook, suggesting that in the short term the “digital gold” could go as low as $33,000. Plus, why ETH could outperform BTC, expected announcements from the Federal Reserve and activity in the commodities markets.