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Collins
@collinsonhive
15
Loving the world of crypto so I decided to join and learn more with people all over the world
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7
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2024-10-23 00:22
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collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 14:48
$ 0.000
0
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 14:48
There seems to be a pattern. When gold’s momentum slows, Bitcoin picks up speed. This could be because some investors see both assets as stores of value but switch between them depending on market conditions.
$ 0.000
0
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 14:48
The relationship between gold and Bitcoin goes beyond price moves. In late 2019, gold began its rise from $1,450, ahead of monetary easing and pandemic lockdowns. Bitcoin stayed mostly flat until late
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 14:48
The Bitcoin ETF inflows is not just from people holding positions. About 40% of recent inflows involve basis trades, which means some traders are taking advantage of price differences between different
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 14:48
Bitcoin, on the other hand, has been trading between $50,000 and $70,000 since April. This range might be due to a mix of factors, like market uncertainty and macroeconomic influences. Yet, some are betting
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 14:48
Right now, gold is at record levels, up over 20% this year. The metal just reached highs above $2,700, while silver also saw big gains, almost touching $35. This shows that many investors are turning to
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 14:48
Historically, gold and Bitcoin have had some link. In 2020, gold hit record highs in August, and a few months later, Bitcoin followed with its own surge. Some think a pause in gold's climb could give Bitcoin
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 14:48
In the past week, U.S. Bitcoin ETFs saw $2 billion in inflows, with $1.7 billion just from the iShares Bitcoin Trust. This hints at a growing interest in crypto as prices hover around $67,000.
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 14:48
Lately, both gold and Bitcoin have seen lot's of inflows. Gold's recent rise has been fueled by over 1 million ounces going into gold ETFs in just seven days, the highest since late 2022. This shows strong
collinsonhive
LeoFinance
2y
!
Downvoted by users, Reveal content
RE: LeoThread 2024-10-24 14:48
Trying out my first #threadcast. I'm not a crypto pro, I'm only a lover and a learner, so you can correct me if you think my opinions here are not accurate. Let's talk about everything #crypto. Memes,
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 11:17
I guess I'm already in so have got no other option than to be active
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 11:17
I guess that's the advice I have received from at least 5 people. #beactive
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 14:48
about to run it. I'd first throw in some crypto news I read today and then I'd share some opinions.
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 14:48
Yep. This is a great community.
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 14:48
sure thing, about to use that in a few minutes
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 14:48
Yeah, they're an awesome community
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 14:48
Thanks Dad
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-24 11:17
oooh cool I'd give it a try. Let me go grap some lunch first.
collinsonhive
LeoFinance
2y
!
Downvoted by users, Reveal content
RE: LeoThread 2024-10-24 14:48
First impression on inleo. I'm impressed It's a freaken community and people just respond and offer help. I love it here already. Will be starting a Threadcast as one friend just thought me to use the
collinsonhive
LeoFinance
2y
RE: LeoThread 2024-10-22 21:22
oh cool. I just have to add that tag. Sweet
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