Billionaire 'Bond King' Jeff Gundlach says stocks will crash, predicts a weaker dollar, and questions bitcoin in a new interview. Here are the 10 best quotes. | Currency News | Financial and Business News | Markets Insider
Stock markets are down. Gold and the EUR currency are going up. Bitcoin going down
Traditional investors are moving their money into assets outside the USA. Into gold and now even into the EURO currency. To invest in the EURO means you willing accept negative interest rates, so I only do that if I really think the US Dollar is going down not because I like Europe. If I am worried about the US Dollar, i'm a buyer of crypto, not a seller. Unfortunately that's not been the case recently as the correlation between bitcoin and the stock market has been positive. At some point it will matter. Just not sure when EDIT: if you are interested in hourly correlation between bitcoin and S&P500 (the stock market) its basically none over the past year. It moves up and down all the time. https://imgur.com/a/W8l6Gal
06-24 16:45 - 'It is. Because Whales invest in it like the stock market. Once it went from a currency to a store of value (like stocks), the trading behavior becomes the same.' by /u/subduderecords removed from /r/Bitcoin within 42-52min
'Can we panic now?': US futures trading was halted and overseas stocks, oil, bitcoin, and Treasury yields plunged after Trump's coronavirus plan failed to calm investors | Currency News | Financial and Business News | Markets Insider
04-05 16:13 - 'This is why Bitcoin is the best currency: Quantitive easing to be implemented, Donald Trump ordered, paving the way for future bull markets in Bitcoin and Stocks, as well as a stronger economy in the short term...' (twitter.com) by /u/EnviousArm removed from /r/Bitcoin within 70-80min
Ignorant Question: Shouldn't stock market decrease and currency insolvencies raise the Bitcoin price?
I'm trying to understand how the stock market is in sharp decline for a few days, there's a couple of major currencies that are diving in value, and yet bitcoin seems stuck. Shouldn't each of these things have a strong, positive impact on bitcoin prices? What am I missing?
@technology: RT @crypto: It may just be a coincidence that Bitcoin’s plunge preceded the latest equities selloff, but some are watching the digital currency as a potential leading indicator for risk in the broader stock market https://t.co/viYdCPHvsO https://t.co/vmEETWgzDr
@VentureBeat: Israel’s markets regulator will propose regulation to ban companies based on bitcoin and other digital currencies from trading on the Tel Aviv Stock Exchange https://t.co/tPxvMi1bCD https://t.co/6xfj6GGfGV
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