Bitcoin has undoubtedly been on a roll recently, breaching the $13,000 level and beyond in the past week and creating new all-time-highs for the year, which has been seeing much…
The strengthening US Dollar has revealed both a direct effect and an inverse correlation with assets gold and Bitcoin. The Dollar Index (DXY) rose to 94.37 points, a 2.86% increase…
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The cryptocurrency market saw red across the board last night and gold dropped below $2,000 once again as the US dollar bounced back from its two-year…
According to analytics from Skew, the one-month correlation between Bitcoin and gold reached new all-time-highs on August 10. As shown in the graph below, realized correlation has been on the…
Just three months after banking behemoth Goldman Sachs denounced Bitcoin and cryptocurrency as a viable asset class at a virtual meeting with some of its investors in May, a recent…
After recently creating a new all-time-high (ATH) in late July, gold pushed further and successfully smashed through $2,000 last night. Alongside gold, the index for an alternative asset class, the…
Despite seeing a severe dip mid-March and then floundering slightly in April and May, the gold market has remained consistently stable throughout the past coronavirus-plagued months and amidst the ever-changing…
Investment vehicles around the world are showing signs of reversal months after the mid-March panic sell-off as news of COVID-19 antibodies and vaccine developments are now flooding the news. Amidst…
The U.S. Dollar Currency Index plunged last night, coinciding with continuous spikes in COVID-19 infection cases in the past few days. This has caused other so-called safe-haven assets to surge…
Author: World Maker
The latest U.S. Initial Jobless Claims have come out worse than expected. The claims for unemployment insurance have remained above 1 million people per week for 13 consecutive…