While many analysts are focused on central banks stepping up their gold purchases, what has remained under the radar is their official interest in Bitcoin. This year will be all about revelations of covert Bitcoin buying by sovereign states, according to Gary Cadone, CEO and founder of Cardone Digital Ventures.Yesterday, gold traders and investors aggressively took gold $25 lower and $37 lower during the intraday low.
Investors are in a fake market based on a monopoly game, which is why gold and Bitcoin are hitting record highs at the same time, according to Gary Cadone, CEO and founder of Cardone Digital Ventures.Silver surpassed by Bitcoin in market cap, but the gray metal has begun its long-awaited move – While Bitcoin’s skyrocketing price has been getting all the attention as the top cryptocurrency sets new all-time highs on a near-daily basis, it’s also breached another level that should be significant to precious metals investors, as noted in a recent article by Dailycoinpost Editor Etan Hunt.'Up only' continues to be the theme for the crypto market as Wednesday saw Bitcoin record a new ATH above $73,700 while numerous altcoins enjoyed double-digit gains.
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