Peter Schiff made remarkable comments about the developments in the gold and Bitcoin markets. He sees gold's $8 rise to $2,480 as an indication of gold's continued appeal as a traditional safe-haven asset. Schiff states that this new peak shows that investors' confidence in gold has increased in times of economic uncertainty.
Additionally, Schiff states that Bitcoin prices tend to decrease as gold prices rise. This inverse relationship indicates that a strong negative correlation has formed between the two assets. The fact that Bitcoin falls when gold prices increase reveals that investors are choosing between these two assets based on current market conditions. Schiff emphasizes that Bitcoin must perform better compared to gold, otherwise it will not be considered a reliable store of value.
Schiff's perspective reflects his criticisms of Bitcoin, as well as the concrete properties and historical stability of gold. Emphasizing that gold maintains its value, especially in times of economic difficulty, Schiff argues that this asset maintains its superior position.
The increasing negative correlation between gold and Bitcoin may also reflect broader market sentiment. While investors see gold as a more stable and reliable investment tool in uncertain periods, they perceive Bitcoin as a more speculative and volatile asset. This difference in perception and investment behavior contributes to the observed negative correlation and increases investors' confidence in gold during economic uncertainties.
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.