Bitcoinist
2020-06-11 15:00:14

Gold Spikes While Dow Drops 500 Points Following Fed Meeting; How Will Bitcoin Respond?

After yesterday’s Federal Reserve meeting, markets have gone haywire once again, restarting the insane volatility first triggered following Black Thursday. Moments after the dust settled on the meeting, gold prices skyrocketed, and the Dow opened today 900 points down from yesterday’s close. However, Bitcoin has remained relatively stable. Will Bitcoin soon follow and join in the explosive market volatility? Cryptocurrency’s Notorious Volatility Has Dried Up Compared to Traditional Markets A strong correlation to the stock […]

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