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.
10/31/17 Closing Prices:
Bitcoin: $6,376.68 (+$310.32)
Gold: $1,271 (-$6)
Dow Jones Industrials: 23,377.24 (+28.50)
S&P500: 2,575.26 (+2.43)
Nasdaq Composite: 6,727.67 (+28.7)
CME CF Bitcoin Reference Rate & CME CF Bitcoin Real Time Index
Trading Summary Notes for Tuesday, 10/31/2017
- BITCOIN rockets higher. New all time highs
- CME Group announces the introduction of bitcoin futures
- Bitcoin gets even more credibility. Momentum clearly up
- GOLD eases back down. Suffers from lack of interest
- Gold should be helped with news later this week. Inflation and strong labor market
- LONG TERM BULLISH ON BITCOIN AND GOLD
Current TRADING Positions: LONG BITCOIN AND GOLD
Read our PRIOR daily commentaries on Bitcoin vs Gold here
See other content on bitcoin & digital currencies here
