With Bitcoin Below $80K, ARK Reframes The Narrative Around Gold
Bitcoin slid again, and big-name bulls are talking. According to ARK Invest’s team, the pullback after a rapid run is part of a wider picture that mixes gold, money supply measures, and investor flow. Markets are messy now. That does not mean long-term stories are dead. Related Reading: Trump-Linked Crypto Firm Gets $500 Million Boost […]
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Bitcoin’s (BTC) drop below $77,000 over the weekend did more than extend a sell-off, it stripped away lingering assumptions about stability in a market still driven by sentiment, leverage, and macro forces. Related Reading: With Bitcoin Below $80K, ARK Reframes The Narrative Around Gold After briefly holding above $80,000, the world’s largest cryptocurrency slid as […]
Russia’s biggest crypto mining company is under renewed scrutiny after authorities detained BitRiver founder and CEO Igor Runets on multiple tax evasion charges, deepening the legal and financial pressure on a firm already constrained by sanctions and operational setbacks. Related Reading: With Bitcoin Below $80K, ARK Reframes The Narrative Around Gold The case, which is […]
2020 was the year of the digital gold narrative amid a pandemic and unprecedented money printing. In 2021, only Bitcoin matters and comparing it to gold at this point is selling the coin short. Now is the age of cryptocurrency, and no comparison shows that better than the two charts you are about to see […]
The last year in finance has been all about Bitcoin. The digital gold narrative arrived at the perfect time, amidst a perfect storm of stimulus money, irrational exuberance in the stock market, and more. The forecast is starting to change for gold, however, just as the top cryptocurrency is struggling to maintain its market structure […]
The digital gold narrative was partly responsible for institutional interest in Bitcoin, and putting the precious metal’s bull run on pause. Only recently was that narrative tarnished and cryptocurrencies fell by 50% in a flash. The crash in crypto sent Bitcoin back to retest its former all-time high against gold as resistance turned support, and […]