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.

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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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