Posted inUnited StatesWorld

Why Bitcoin rallying with gold is an ominous sign

Bitcoin’s resurrection is thought to be Mark Zuckerberg’s doing. Facebook’s sudden entry into the cryptocurrency space, many insist, gave digital money a new lease on life. That is, until you consider the simultaneous rally in gold. Bitcoin’s surge above US$11,000 only has one possible connection with the yellow metal’s jump above $14,000: a US dollar in jeopardy. […]