Bitcoin (BTC) And Reversal Of The Commodities Market

2018-10-6 18:00

Bitcoin (BTC) is a commodity. A quick glance at the S&P Commodity Index vs. S&P 500 tells us that commodities have been in a downtrend since Bitcoin (BTC)’s inception (Aug 2008). Despite that, Bitcoin (BTC) rallied 596,666,566% from a price of $0.

003 in March 2010 to $17,900 in December 2017. This was a major achievement considering the trend was against Bitcoin (BTC) between 2010 and 2017. Equities rallied after the financial crisis whereas commodities other than Bitcoin (BTC) entered a bear market.

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Bitcoin (BTC) на Currencies.ru

$ 68897.79 (-0.05%)
Объем 24H $28.936b
Изменеия 24h: -0.23 %, 7d: 0.82 %
Cегодня L: $68635.26 - H: $69284.62
Капитализация $1357.81b Rank 1
Цена в час новости $ 6567.97 (949%)

bitcoin btc commodities market rallied 2010 2017

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