Investors Flock to Gold in Stock Market Rout. Why Didn’t Bitcoin Pop?

Investors flocked to the precious metal instead of bitcoin today as fears of a recession, either in the short-term or long-term, loom. | Source: Shutterstock The bitcoin price is trading mostly flat today despite the fact that the stock market got hammered, with the Dow Jones tumbling some 400 points. Meanwhile, the gold price is …

Gold Beats Bitcoin as Fed Chair Powell Finalizes Dovish Pivot

Monetary policy may or may not have a direct impact on bitcoin, but the US Federal Reserve’s dovish pivot is helping gold regain a bit of shine from its digital counterpart. The precious metal popped to its weekly high today, extending gains from the previous session after Federal Reserve Chairman Jerome Powell appeared to set …

Trade Bitcoin? Here’s Why You Absolutely Need to Also Buy Gold

Published: 23/06/2019 13:13 ET. Journalist: By CCN Markets: Trading bitcoin comes with an extremely high degree of risk because of its volatility. Other than technical analysis, which can assist in finding buy and sell points, crypto traders are beholden to the whims of other traders. This is particularly true for bitcoin because its value isn’t …