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2024-10-18 15:15:56
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coindesk.com on Nostr: Summary of Bitcoin Isn't at a Record Like Gold and S&P 500, but an Overlooked ...

Summary of Bitcoin Isn't at a Record Like Gold and S&P 500, but an Overlooked Catalyst Suggests a Coming Change



The source article:
Bitcoin Isn't at a Record Like Gold and S&P 500, but an Overlooked Catalyst Suggests a Coming Change


The weakness in Japanese yen bodes well for risk assets, including cryptocurrencies.

https://www.coindesk.com/markets/2024/10/18/bitcoin-isnt-at-a-record-like-gold-and-sp-500-but-an-overlooked-catalyst-suggests-a-coming-change/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Gold has made another all-time high, climbing through $2,700 per ounce, as has the S&P 500, which rose above 5,870 on Thursday. Bitcoin is up 15% from the October low and appears set to rechallenge the $70,000 level, but remains about 8% below its record high recorded seven months ago.
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