Bitcoinist
2020-12-01 15:00:26

Gold Begins Breakdown Against Bitcoin, Triggering 90% Decline On Per Oz Basis

Bitcoin price just set a new all-time high against the US dollar and other top global fiat currencies. But what might be even more significant, is the fact that the gold standard itself is breaking down against BTC after this latest rally. The gold versus Bitcoin price chart shows that in the past, each time support broke down, the precious metal dropped 90% in value against BTC on a per ounce basis. Here’s a look […]

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