Gold Prices Continue to Print New Records, Bitcoin Even Down

in #sportstalk5 years ago

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The spread of the issue of global economic recession has become a sentiment for the rise in world gold prices. However, this sentiment has no effect on the price of Bitcoin, dubbed as digital gold.

In trading on Thursday (09/15/2019) at 09:00 WIB, the price of December delivery contract gold on the New York Commodity Exchange (COMEX) rose 0.29% to US $ 1,532.2 / troy ounce (Rp 689,736 / gram).

Today (08/15/2019) at 10:00 WIB, the price of Bitcoin is in the range of US $ 10,043.19 per coin or equivalent to Rp 140.6 million.

In the last 24 hours the price of Bitcoin has fallen 5.72%. This means that investors have recorded a loss of US $ 609.89 or equivalent to Rp 8.54 million.

This fact shows that Bitcoin cannot be called digital gold yet. The reason is, Bitcoin has not been made a save haven asset when many investors choose to avoid risky assets.

This fact shows that Bitcoin cannot be called digital gold yet. The reason is, Bitcoin has not been made a save haven asset when many investors choose to avoid risky assets.