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MARKETS DAILY: Is Bitcoin Market Manipulation Profitable?

With markets recovering, we take a look at Bitcoins' recent behavior and wonder whether it's still a safe haven? Later, we're joined by Galen Moore for quick discussion on alleged bitcoin market manipulation...

Bijgewerkt 2 mei 2022, 3:45 p..m.. Gepubliceerd 4 dec 2019, 4:51 p..m.. 1 min readVertaald door AI
Markets Daily Dec 4th wide

Tune in as CoinDesk podcasts editor Adam B. Levine and senior markets reporter Brad Keoun run down recent action in the markets, interesting longer-term trends and some of the most important crypto industry developments of the day.

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BTC's three-month uptrend against gold has broken down amid strong inflows into gold and precious metals ETFs.

Wat u moet weten:

  • Bitcoin’s three-month uptrend versus gold has broken down.
  • ETF flows point to a renewed bias for hard assets, with over $2 billion exiting BTC funds while gold and precious metal ETFs attract fresh inflows.
  • The shift signals weakening momentum for bitcoin as a “store of value,” with gold poised to...