FintekNews compares the price of Bitcoin, Gold & Major Market Averages on a daily basis, and uses the Chicago Mercantile Exchange’s (CME) bitcoin indexes (BRR & BRTI) for bitcoin pricing.

11/3/17 Closing Prices:

Bitcoin: $7327.47 (+$259.04) Gold: $1,270 (-$7) Dow Jones Industrials: 23,539.19 (+22.93) S&P 500: 2,587.84 (+7.99) Nasdaq Composite: 6,764.44 (+49.49)

Trading Summary Notes for Friday, 11/3/2017

• BITCOIN riding a massive wave of enthusiasm. Thank you CME Group
• CME Group’s announcement of bitcoin futures is HUGE. GAME CHANGER
• We have asked this before..........."Where is bitcoin going? UP! $10,000? Yeah!"
• GOLD inches back down. Not much interest BUT beginning to look VERY good
• New gold products coming soon may give gold a huge bounce
• LONG TERM BULLISH ON BITCOIN AND GOLD

Read our PRIOR daily commentaries on Bitcoin vs Gold here

See other content on bitcoin & digital currencies here