Here's why bitcoin and gold are both in rally mode ... - Morningstar

Dec 4, 2023 · Bitcoin and gold both rallied during the weekend, pushing up the yellow metal on Sunday to its highest intraday high on record, before pulling back, and lifting the digital asset …

$2733
OFF

Bitcoin Is Better Than Gold — Even As Gold Hits Record Highs.

2 weeks from now

Gold prices have soared to new heights, reaching a record $2,733 per ounce, while Bitcoin is thriving, approaching the $70,000 mark. The rally has been fueled by increased investor …

msn.com

36%
OFF

#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

2 weeks from now

MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

youtube.com

7%
OFF

Deutsche Bank Says The Bitcoin Rally Still Has Legs. Here's Why.

2 weeks from now

Mar 8, 2024 · By Barbara Kollmeyer . Critical information for the U.S. trading day . After a record run and subsequent selloff, bitcoin still sits on a five-day near 7% gain, versus a 0.3% rise for …

morningstar.com

$100
OFF

Bond King Gundlach Says Investors Have 'left The Bus' As

2 weeks from now

5 hours ago · Last year bitcoin surged past $100K, driven by spot bitcoin ETFs and Trump's crypto-friendly policies. Plans for a strategic bitcoin reserve and regulatory reforms mark a …

morningstar.com

$90000
OFF

Bitcoin Bounce Soothes Bear-market Fears. But Beware If

2 weeks from now

1 day ago · "Bitcoin traded below $90,000 but has held the recent range lows with vigour, and that will be seen as a small positive for those set long, with the buyers taking inspiration from the …

morningstar.com

FAQs about Here's why bitcoin and gold are both in rally mode ... - Morningstar Coupon?

Why did bitcoin rally on Monday afternoon?

Bitcoin rallied on Monday afternoon, trading above $37,000, after falling to a seven-month low in the morning. The cryptocurrency moved in lockstep with a swift rally in risk assets. ...

Is a bitcoin rally in the cards?

A popular on-chain analyst believes that a Bitcoin rally is in the cards as the leading cryptocurrency faces the possibility of a supply squeeze. Will Clemente says that a Bitcoin supply shock could ignite a significant BTC rise. “Hang in there guys. This thing is going to pop soon. Supply shock still in play this week.” ...

Why do we compare bitcoin to gold?

Bitcoin is often referred to as “digital gold” because it shares several key characteristics with the precious metal. Like gold, Bitcoin has a finite supply as only 21 million coins will ever be mined, creating a built-in scarcity that many believe will drive its value higher over time. ...

Do gold and Bitcoin have the same impact on your investment portfolio?

Hougan pointed out that, despite their similarities and differences, gold and Bitcoin do not have the same impact on an investment portfolio. He used a vivid analogy to illustrate this, comparing the two assets to ingredients in a soup. ...

Should you invest in Bitcoin or gold?

While both assets can serve as hedges, Bitcoin’s higher volatility means it can amplify gains or losses, making it more suitable for investors willing to take on risk for potentially higher rewards. In contrast, gold’s stability offers a more conservative approach, providing steady protection against economic uncertainties. ...

Can bitcoin boost portfolio performance?

For instance, a 2.5% allocation to Bitcoin was shown to improve overall portfolio returns by as much as 50 percentage points, with only a slight uptick in volatility. This suggests that Bitcoin’s potential for high growth can meaningfully boost portfolio performance, even at low levels of exposure. ...