Bitcoin Breaches $50,000 As Ethereum Goes Into Overdrive As US Dollar Falls (Gold Has Been Rising Since August 9th)

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by confoundedinterest17

I still don’t understand the cryptocurrency craze as an investment since it is a FIAT currency … like the US Dollar. Much like the tulip bulb craze in Holland in 1637. But it is still fun to watch these alternative investments including gold and silver.

This morning, Bitcoin breached $50,000 before falling below $50,000 again. Ethereum really surged before today and gold, while flat today, has been generally rising since August 9th. The US Dollar index has been generally falling since August 20.

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Here is a photo of Bitcoin breaching $50,000.



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