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Market Outlook: Gold and Crypto Reap the Benefits of Economic Fear



Cryptocurrencies have recovered from losses incurred a week ago, with many digital assets up 50-80% since July 2. For instance, eight days ago bitcoin core (BTC) tumbled to $9,650 and then back to a high of $13,150 yesterday evening. However, during the afternoon trading sessions on Wednesday, most of the top 20 cryptocurrencies have seen losses of between 5-20%.

Also Read: Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque

‘The Slow Death of the Old Financial System’

Cryptocurrency markets have been volatile over the last few weeks. Still, it’s safe to say that crypto enthusiasts ...

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