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Gold vs Bitcoin Performance.


henry mack

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The latest Digital Asset Fund Flows report from ETF provider CoinShares suggests that investors have been pulling out of gold markets and entering crypto assets. Gold prices have retreated 10% from their high of $2070/oz on August 6 to current prices around $1,860/oz today according to Goldprice.org. Over the same period, Bitcoin prices have increased by 56% from $11,700 in early August to $18,300 currently.

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Most people are comparing gold with bitcoin but keep in mind that they won’t be same because gold has been used to back currencies so gold will remain always valuable whereas the price of bitcoin can fall at times. FXOpulence offers high leverage and charges low trading spread in majority of the trading pairs. They ensure other necessary support in moderation. The broker allows seamless crypto trading.

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The ability to analyze is a highly crucial factor in our success in forex trading. That's why I continuously strive to practice and learn regularly so that my analytical skills can develop. This way, I can accurately analyze the market at Tickmill or any other platform in the future.

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