Crypto-currency market changes and gold news.

Sep 23, 2021 at 13:43
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7 Replies
Member Since Apr 04, 2020   38 posts
Sep 23, 2021 at 13:43
A lot can change in the cryptocurrency markets in two months. Avalanche and its native cryptocurrency – AVAX – are prime examples.

The token traded around $9 during the market-wide crash on July 20th but surged by triple-digits in this timeframe to reach a new all-time high at nearly $80 earlier today. This came after numerous consecutive records last week, before the market-wide crash.

On the other hand, The gold futures contract gained 0.0.3% on Wednesday, as it fluctuated within a short-term consolidation following last week’s Thursday’s decline of 2.1%. On Thursday a week ago, it broke below the recent local lows as series of the U.S. economic data releases along with the rallying U.S. dollar led to a sell-off in precious metals. The yellow metal came back to $1,750 price level. This morning the market is trading sideways again.
Member Since Feb 08, 2019   213 posts
Sep 23, 2021 at 15:45
Cryptos sure are volatile but it's great when you guess right :-)
Member Since Apr 04, 2020   38 posts
Oct 13, 2021 at 11:57
Thank you
Member Since Jul 19, 2020   788 posts
Jan 20, 2022 at 02:32
The crypto market is currently in a lot of volatility. So it is better not to trade at the moment. The market can actually make a profit in the impulsive movement again.
Member Since Mar 16, 2021   477 posts
Jan 20, 2022 at 16:45
AliaDare posted:
The crypto market is currently in a lot of volatility. So it is better not to trade at the moment. The market can actually make a profit in the impulsive movement again.
Is the current situation in the market a chance to normalize this month? Will the Momentum Fire come as fast as before? Share your perspective.
Member Since Jul 19, 2020   788 posts
Jan 22, 2022 at 12:33
LukeRachel posted:
AliaDare posted:
The crypto market is currently in a lot of volatility. So it is better not to trade at the moment. The market can actually make a profit in the impulsive movement again.
Is the current situation in the market a chance to normalize this month? Will the Momentum Fire come as fast as before? Share your perspective.
I think the momentum will return to the market very soon. Even though the market is still dumping, I think the condition in the market will come back from the past thinking.
Member Since Mar 16, 2021   477 posts
Jan 24, 2022 at 16:28
AliaDare posted:
LukeRachel posted:
AliaDare posted:
The crypto market is currently in a lot of volatility. So it is better not to trade at the moment. The market can actually make a profit in the impulsive movement again.
Is the current situation in the market a chance to normalize this month? Will the Momentum Fire come as fast as before? Share your perspective.
I think the momentum will return to the market very soon. Even though the market is still dumping, I think the condition in the market will come back from the past thinking.
Yes, I think the market is under bearish pressure. Price BTC is currently at 33k. Bullish pressure may be seen very soon.
Member Since Jul 11, 2020   17 posts
Jan 27, 2022 at 20:43
I remember that not so long ago there was a huge buzz that cryptocurrency is a protective asset of a new generation. Perhaps, you heard a lot of experts told that Bitcoin could protect against inflation. Now I see that only precious metals con protect against inflation. You see that cryptos dive following indices but gold has not lost its attractiveness for investors. I can admit a thought that cryptos may tumble steep to the bottom but it won’t happen with gold and silver, for example.
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