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Author Topic: Bitcoin and gold face headwinds amid strengthening dollar  (Read 236 times)

Offline newshunter

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Bitcoin and gold face headwinds amid strengthening dollar
« on: October 10, 2022, 01:01:58 AM »
Bitcoin and gold face headwinds amid strengthening dollar

Bitcoin decoupled with the stock market and saw its correlation with gold rise to a level not seen since last year.


Source: Bitcoin and gold face headwinds amid strengthening dollar

Would appreciate your opinion about this
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Bitcoin and gold face headwinds amid strengthening dollar
« on: October 10, 2022, 01:01:58 AM »

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Offline TomPluz

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Re: Bitcoin and gold face headwinds amid strengthening dollar
« Reply #1 on: October 10, 2022, 05:38:21 AM »


Nothing new in here. And this is just temporary as two trends are raging right now: the inflation and the strengthening of the USA Dollar. In the coming months, we can be able to see where things are headed when the whole world will finally see the many cracks of the USA economy due to pressures happening right now. There is going to be a big rezoning soon...and once the dollar will be falling behind maybe that can be the time when many can see the value of both gold and Bitcoin.
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