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Bitcoin Price Forecast: BTC/USD Pushes to New Heights Amid Corporate Adoption

Bitcoin Price Forecast: BTC/USD Pushes to New Heights Amid Corporate Adoption
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Gold Price Drops as Treasury Yields Rise, Will XAU/USD Fall Further?

Gold trades near crucial support around the $1,765 mark after reversing at resistance
Should Treasury yields continue to rise, gold may suffer further declines as investors pivot to rising risk-free rates of return
Bitcoin vs Gold: Top Differences Traders Should Know Gold Price Drops as Treasury Yields Rise, Will XAU/USD Fall Further?
After encountering resistance last week , gold has since reversed lower and may continue to fall as Treasury yields rise. With the US10y Treasury yield breaching 1.3% for the first time since late February 2020 earlier this week, investors are faced with rising risk-free rates. As gold has no inherent yield, gaining exposure to US government bonds becomes an attractive prospect for many investors as Treasury yields rise amid reflation hopes. Gold (XAU/USD) Price Chart: Daily Time Frame (March 2020 - February 2021) ....

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Bitcoin Price Forecast: BTC/USD Pushes to New Heights Amid Corporate Adoption

Bitcoin has surged to new heights after breaking above $50,000 for the first time Tuesday
The cryptocurrency has received a boost from corporations like Tesla, PayPal and Morgan Stanley that have either invested in the coin itself or are looking to increase accessibility to the market
Bitcoin vs Gold: Top Differences Traders Should Know Bitcoin Price Forecast: BTC/USD Pushes to New Heights Amid Corporate Adoption
In all too familiar fashion, Bitcoin notched new highs Wednesday just hours after the cryptocurrency breached $50,000 for the first time in history. Even as risk appetite waned in assets like the Nasdaq 100, Australian Dollar and crude oil , demand for the digital asset remained steadfast. Now more than 75% higher in the year-to-date alone, some Bitcoin believers argue the case for a continuation higher has never been stronger as corporations begin wading into the cryptocurrency market. ....

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