Bitcoin and gold have been tracking alongside one another for nearly two years now as the global economy inches closer and closer to total collapse.If the correlation continues, the latest drop in Bitcoin will be nothing more than a bear trap designed to shake out investors before the asset reclaims a long-term trend line and…
Amidst an economic crisis, precious metals like gold and silver often act as a safe haven for capital, while other assets fall in value.However, growing concerns over the coronavirus and a possible recession in the near future have created such hysteria and panic, that not even silver, gold, platinum, palladium and other precious metals are…
Bitcoin has been pitched as, and has the potential to be a lot of things: a global crypto currency; a store of value; and digital gold. However, as one of the world’s most prominent precious metal-focused investment firms drops crypto as a whole, Bitcoin’s positioning as digital gold may be in trouble. Goldmoney Drops Crypto,…