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Crypto-currency market changes and gold news.

mdsh7864
Sep 23 2021 at 13:43
posts 38
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.
Treeny
Sep 23 2021 at 15:45
posts 213
Cryptos sure are volatile but it's great when you guess right :-)
mdsh7864
Oct 13 2021 at 11:57
posts 38
RobSchiz
Oct 16 2021 at 19:05
posts 567
mdsh7864 posted:
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.
This market is very volatile.
AliaDare
Jan 20 at 02:32
posts 788
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.
LukeRachel
Jan 20 at 16:45
posts 477
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.
AliaDare
Jan 22 at 12:33
posts 788
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.
LukeRachel
Jan 24 at 16:28
posts 477
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.
Salore
Jan 27 at 20:43
posts 17
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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