Bitcoin Or Gold: Which Is More Fiat-proof?

Bitcoin sure is volatile -- it peaked at $265 per Bitcoin on April 10 but as of the afternoon of April 11 it was trading down 72% at $75 on exchanges other than the temporarily shut-down Mt. Gox. Ironically, some think that banks shutting down in Cyprus last month were behind the rise in Bitcoin's price.

Topics:  mt   gox   cyprus   bitcoin   april   
BING NEWS:
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  • Stocks Set To Snap Worst Losing Streak In Nearly 2 Years, Gold Sinks, Bitcoin Reclaims $66,000: What's Driving Markets Monday?
    U.S. stocks are poised to break a six-day losing streak, marking the end of the longest downward trend since September 2022.
    04/22/2024 - 9:16 am | View Link
  • Bitcoin Will Shatter $16 Trillion Market Cap of Gold, Says SkyBridge Capital’s Anthony Scaramucci – Here’s How
    Seasoned hedge fund manager Anthony Scaramucci thinks that Bitcoin's (BTC) market cap will ultimately eclipse the $16 trillion valuation of gold.
    04/21/2024 - 8:04 pm | View Link
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