In yet another sign that crypto is upending the normal equilibrium of capital markets, Gold’s recent bull market is looking to give way to a coming bull market in Bitcoin, according to investment research firm Northstar.
According to Northstar analysis, crypto markets could rally following a breakout. Presidential candidates Donald Trump and Robert Kennedy Jr. voiced their support for Bitcoin at the Bitcoin conference in Nashville. After Bitcoin 's fourth having, the title of the scarcest asset has shifted from Gold to Bitcoin . Northstar analysis compares crypto's total market cap to Gold prices.
This disparity suggests significant growth potential for the crypto market compared to traditional Gold markets. Additionally, at a cryptocurrency conference in Nashville, presidential candidates Donald Trump and Robert Kennedy Jr. voiced their support for Bitcoin, with Trump proposing the establishment of a Bitcoin reserve and Kennedy advocating for the federal government to acquire Bitcoin equivalent to the value of the nation's gold reserves.
Gold Cryptocurrencies Technical Analysis
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Donald Trump Says Bitcoin Will Likely Overtake Gold (Live at Bitcoin 2024)Crypto Blog
Read more »
Mt Gox creditors may have to wait for up to three months to receive their bitcoinThe timeline for creditors to receive bitcoin or bitcoin cash repayments varies depending on their custodians.
Read more »
Michael Saylor Issues Important 'Bitcoin Independence' Message: DetailsMichael Saylor addressed US Bitcoin community with 'Bitcoin Independence' message
Read more »
Mt. Gox begins repayments in Bitcoin and Bitcoin CashMt. Gox starts repaying debts in Bitcoin and Bitcoin Cash to creditors via designated exchanges.
Read more »
German government offloads its final Bitcoin holdingsThe German government officially has zero Bitcoin left after weeks of dumping its Bitcoin reserves.
Read more »
Say Goodbye to Bitcoin Under $60,000 Forever: Samson Mow Doubles Down on ForecastVocal Bitcoin maximalist Samson Mow revisits his recent bullish Bitcoin prediction about $60,000
Read more »