Bitcoin and Gold Reaching Historical Highs

Accordingly to the reputable cryptocurrency analysis firm Glassnode, “the number of unique users appearing for the first time on the Bitcoin network is increasing. This growth rate is the highest we have seen since the end of 2017. ”

Gold exceeds US $ 2,000 with scenario for bigger rally

Gold rose to a record high of over $2,000 per ounce, as investors assessed increased geopolitical risks and the forecast of further stimulus to combat the consequences of the coronavirus pandemic.

Gold has risen more than 30% this year, with its paradise status influenced by the drop in real US bond yields. Gold may extend gains as governments and central banks respond to slowing growth with vast amounts of stimulus. The metal’s appeal is strengthening as the dollar weakens and a long global recovery approaches. Goldman Sachs Group Inc. predicts an increase to $ 2,300.

How to automate your trading?

If you are tired of reading charts or don’t have the time to follow it at all, then take a look at the bot many people are using to Automate your trading for Cryptos and Forex all in one place. Try it now at https://brozbot.com.