Market Cap: $2,682,312,555,400
24h Vol: $86,071,715,590
Cryptocurrencies: 30360
Markets: 109411
Cryptocurrencies: 30360
Markets: 109411
Market Cap: $2,682,312,555,400     
24h Vol: $86,071,715,590
Cryptela — Cryptocurrency News and Market Intelligence
ZyCrypto 2021-02-04 19:28:58

Gold’s devaluation will foster the $50,000 Bitcoin rally: Bloomberg’s Mike McGlone

Gold’s devaluation will foster the $50,000 Bitcoin rally: Bloomberg’s Mike McGlone
An enormous inflow from gold to Bitcoin has been cited in the market. Bloomberg’s Mike McGlone, the Senior Commodity Strategist bared this out in a newly published analysis. In it, he says Bitcoin is in its “price discovery stage.” Bitcoin’s threshold to gold could surge 100x, bumping it to $50,000 sooner than later. McGlone’s analytics […]
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