Bitcoin [BTC] More Closely Related to the Falling Chinese Yuan than Gold: Report
In 2017, the rise in the price of Bitcoin and cryptocurrency was backed purely by speculation that led to the formation of the bubble. These characteristics are familiar with emerging assets. Furthermore, with the institutional set-ups for investment in Bitcoin, the demand has to be different speculation alone. Bitcoin’s Correlation with FIAT Currencies The recent
In 2017, the rise in the price of Bitcoin and cryptocurrency was backed purely by speculation that led to the formation of the bubble. These characteristics are familiar with emerging assets. Furthermore, with the institutional set-ups for investment in Bitcoin, the demand has to be different speculation alone. Bitcoin’s Correlation with FIAT Currencies The recent