Bitcoin Rises to Almost $46K as Price of Gold Crashes 6% in Two Hours
As Bitcoin moves towards $46000, gold is having a bad Monday morning. Things are looking great for Bitcoin though – the king of crypto is now at $45750
Price of Gold Crashes 6% in Two Hours
“The price of gold crashed from just over $1,800 to around $1,690 per ounce yesterday afternoon, its lowest price since March, after what trading firm City Index called “stop-loss related selling in very thin market conditions.”
While gold spiraled downward, the price of Bitcoin increased by 3% in the past 24 hours to highs of almost $46,000, leading some investors in the ‘digital gold’ to gloat at the sudden collapse of what they consider its physical predecessor.”
https://decrypt.co/78045/price-of-gold-crashes-6-in-two-hours