Crypto News Bulletin

Friday July 10, 2020 10:00 AM
3 hours 14 minutes ago

Gold Is Booming — and That Means Bitcoin Could Soon Break $10,000

While markets like Bitcoin and the S&P 500 have flatlined over recent weeks, gold has rocketed higher. As can be seen in the chart below, the precious metal has exhibited strength since a dip to $1,670 in June. Just days ago, an ounce of gold crossed above $1,800 for the first time since the post-Great Recession rally. The asset is benefiting from a confluence of trends, including central-bank gold purchases, extremely easy monetary policy, and […]