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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.

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Видео

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.

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La corrélation entre Bitcoin et l'or atteint son plus haut niveau depuis plus d'un an

Mais la relation entre les deux actifs reste relativement faible.

(Unsplash)

Финансы

Désolé, Ether : l'argent sonore n'existe T et l'argent sonore « ultra » non plus.

Une monnaie saine devrait conserver sa valeur de manière fiable au fil du temps. Aucune monnaie – ni le Bitcoin, ni l'ether, ni le dollar américain – ne semble y parvenir de nos jours.

(VICTOR HABBICK VISIONS/Getty)

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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.

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Финансы

Le Bitcoin est en hausse, l'or en baisse, l'euro est en perte de vitesse – et tout est inexorablement lié

Bitcoin, la couverture contre l’inflation ; l’enfant prodigue revient.

(Mike Kemp/Tetra Images/Getty)

Рынки

Premier entrant en Asie : le Bitcoin , or numérique et protection contre l'inflation. Vraiment ? Le BTC est sous l'eau, tandis que le métal précieux respire ; les cryptomonnaies rebondissent dimanche.

Un Rally dimanche a permis au Bitcoin de remonter au-dessus de 20 000 $ et à l'éther au-dessus de 1 100 $, mais les récentes débâcles de Terra et Celsius ont accru l'inquiétude des investisseurs quant à la capacité des actifs numériques à maintenir ces niveaux.

Inflation and fears of a global recession are weighing heavily on investors. (Colin Anderson/Getty Images)

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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.

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