After years of doubts and concerns, it is finally Bitcoin’s time to shine -Breaking
[ad_1]
© Reuters. For thousands of years, gold has been a valuable store of value. It has been widely used by investors as a hedge tool to protect against recessions and inflation often caused due to geopolitical tensions. Due to recent events like the COVID-19 outbreak and more recently the Russian-Ukraine military crisis, investors began looking into other options for hedging. It is essential that we have alternatives to gold as we move towards a digital age. In this search for a contender to challenge gold’s dominance, (BTCThe brightest star is ().
A rise in the gold price is usually a sign that traditional equity markets are anxious. Investors agree on the fact that gold has become overbought. Gold prices rose to nearly $2,000 after investors weighed the geopolitical as well as economic consequences of the Russia-Ukraine war.
Sheraz AhmedHe is the co-executive Director of Crypto Valley Association and STORM Partners’ managing partner. Sheraz Ahmed, an innovator with a keen understanding of innovation is an experienced advisor to hundreds of businesses on how to implement new practices that will help them achieve their business goals. Sheraz Ahmed is responsible for ensuring that the blockchain ecosystem grows, collaborates and maintains integrity.
Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.
[ad_2]