WE HOPE YOU ENJOY OUR NEW FORMAT FOR BITCOIN VS GOLD, INCLUDING A LINK TO THE NEW CME ETHEREUM INDEXES!
By Bill Taylor, Contributor
We compare the price of Bitcoin, Ethereum, & Gold, using the CME Bitcoin Indexes (BRR & BRTI) and the CME Ethereum Indexes (ETH_RR_USD) & (ETH_RTI_USD) for reference.
6/22/18 Closing Prices:
Bitcoin: $6,171.12 (-$546.04) Ethereum: $474.45 (-$54.92) Gold: $1,270 (+$3) Dow Jones Industrials: 24,580.89 (+119.19) S&P 500: 2,754.98 (+5.32) Nasdaq Composite: 7,692.82 (-20.14)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index CME ETH_RR_USD Ethereum Reference Rate & CME ETH_RTI_USD Ethereum Real Time IndexTrading Summary Notes for Friday, 6/22/2018
- BITCOIN, ETHEREUM & all cryptos have a Friday crash
- Japan cracking down on crypto exchanges after new hacks
- Bankruptcy judge in Japan overseeing Mt Cox distribution will free up $1 billion in coins to former clients and creditors in settlement. Large potential overhead supply
- Bitcoin, ethereum and crypto upside momentum being challenged
- Makes my upside calls this week look............bad
- GOLD holds and inches up a little
- Prospect of higher interest rates taking precedent over trade, inflation and geopolitical fears
- Do not under estimate inflation.........its coming
- Support for gold $1,255-$1,260
- Long term bullish on BTC, ETH and gold................really
CURRENT TRADING POSITION:
LONG BITCOIN
Bill Taylor is Managing Partner at Fintek Capital & a frequent contributor to FintekNews