Hello New Highs For BITCOIN (again); GOLD Weakens Slightly (11/3/17)

Bitcoin Gold

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)

CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index

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