Why are traders still bracing for a drop toward $50k when Bitcoin is beating gold and stocks?
Bitcoin investors are buying protection around $50,000 even as the flagship digital asset holds near $70,000 and has recently outperformed gold, the S&P 500, and the US dollar during the ongoi...
Source: CryptoSlate
Bitcoin investors are buying protection around $50,000 even as the flagship digital asset holds near $70,000 and has recently outperformed gold, the S&P 500, and the US dollar during the ongoing Iran war. According to CryptoSlate’s data, Bitcoin was trading at about $70,688 at press time, which means hedging around the $50,000 level means investors are […] The post Why are traders still bracing for a drop toward $50k when Bitcoin is beating gold and stocks? appeared first on CryptoSlate.
