Bitcoin Gold

Welcome to our new streamlined format for Bitcoin vs Gold (and beyond) and look for additional changes over the coming weeks, including a new logo and more.

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.

7/14/17 Closing Prices:

Bitcoin: $2,266.06 (-$94.35) Gold: $1,228 (+10.00) Dow Jones Industrials: 21,637.74 (+84.65) S&P 500: 2,459.27 (+11.44) Nasdaq Composite: 6,312.46 (+38.03)

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

Trading Summary Notes for Friday, 7/14/2017:

  • Bitcoin appears to have gotten tired of waiting for Aug 1st decision on hard fork/or not
  • Bitcoin under selling pressure. Looks to "test" $2,000
  • Have been neutral on bitcoin for a while now (still long term bullish)
  • Recommend staying on sidelines until clarity on Aug 1st decision is announced
  • Gold gets a nice 'pop'. As recommended, don't be too bearish on gold at these levels
  • Stay on sidelines for time being.

No Current Trading Positions

Past Market:

Read our PRIOR daily commentaries on Bitcoin vs Gold here

See other content on bitcoin & digital currencies here