If you haven’t had the chance to look at the bitcoin market lately it has really been moving. I track Bitcoin, Ethereum, and Litecoin. Speculators say the market is affected by the news of the coronavirus. Just like the price of gold can go up after a disaster or international incident so does the price of blockchain currency. The Federal Reserve has a lot to do with the change in the price of gold along with many other things but so does global uncertainty (Source 1). Thanks for your time.
Ben Anderson
The Drury Group
810-908-7155
Source 1: Williams, Sean, 9-20-18, https://www.fool.com/investing/2016/10/13/7-common-factors-that-influence-gold-prices.aspx
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