Finance News
By Dan Saada
1 / 11
Trump is not a fan of Bitcoin. He stated, “Value is highly volatile and based on thin air.
2 / 11
Trump stated, "We have only one real currency in the USA, which is stronger than ever, dependable and reliable.
3 / 11
There have been sharp fluctuations in the price of Bitcoin. The volatility has been insane. There were robust gains and severe losses with the back and forth swings.
4 / 11
Jeff Dorman from Arca stated, "No new money came in or out... it was just levered bets. And levered bets cause massive volatility on the way up and down.
5 / 11
One of the cryptocurrency investors stated, "The market will likely retrace before fall this year.
6 / 11
Jerome Powell, Federal Reserve Chairman, compares Bitcoin and Gold. He stated that “It’s a speculative store of value.
7 / 11
Brew Dog, The Scottish beer for people, recently stated that investors could invest in BrewDog using cryptocurrency.
8 / 11
In a press release, the company stated, "This is the best next step for us as a business. James and Martin started BrewDog to serve an alternative to the status quo; to challenge…
9 / 11
The higher lows pattern on the Bitcoin chart continues to be intact. The Outlook continues to be Bullish after the significant drop over the past 24 hours.
10 / 11
Bitmain recently lost $150,000 as it mined an invalid Bitcoin block and it was hurting for the company as Bitcoin rejected the block after it was extracted.
11 / 11
Trade wars and easy money are converting major cryptocurrencies to safe havens. The strong dollar and high carry cost are making gold lose its luster as a haven.
The Currency Analytics
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