Gold is down.
Silver is down, too.
I would guess those holding gold/silver/bitcoin sold off to produce more liquidity for themselves or its a form of price manipulation
Silver is down, too.
I would guess those holding gold/silver/bitcoin sold off to produce more liquidity for themselves or its a form of price manipulation
Did you check how much gold went down?
It is somewhere in the range of 1-1.5%. Basically, the change is just bordering on average daily volatility of this metal (and it's already rebounded to 1,243 dollars per ounce). Regarding cryptocurrency going south, the explanation is simple, and I've been telling it for a week already. The market had been mostly undecided for the last few days, and now as the Judgment day draws nearer, people become nervous and anxious, so it shouldn't surprise anyone that they are looking to cash out. I suspect we should see extreme volatility in July
The market had been mostly undecided for the last few days, and now as the Judgment day draws nearer, people become nervous and anxious, so it shouldn't surprise anyone that they are looking to cash out. I suspect we should see extreme volatility in July
Thank you Deisik. Judgement day, do you mean Segwit?
August, 1st, yeah