BTC Drops as Gold Outperforms on Trump Davos Meeting

Explore the provided link to secure a consistent profit in Binance futures trading. Receive complimentary Bitcoin trading signals and leverage the Cornix trading Bot for optimal automated trades: https://telegram.me/btctradingclub.

The geopolitical tension regarding Greenland continues to unfold daily, with the latest development shaping up a high-level meeting among several leaders in Davos, Switzerland.

As it has happened on Monday morning, BTC has headed south, dropping to another weekly low. At the same time, gold has reached a fresh all-time high above $4,700/oz.

Following the developments from the weekend, in which Trump announced a new set of 10% tariffs against eight EU nations that sent troops to Greenland in order to persuade them to agree to sell the island to the US, the tension between the two sides has skyrocketed.

Legacy media reported that France wants the EU to use its “trade bazooka,” which would severely limit the US’s access to European markets – a weapon that has never been used before.

In the past 12 hours alone, Trump said he had received a text message from French President Macron, inviting him to a meeting in Paris on Thursday after the World Economic Forum in Davos with representatives from Ukraine, Denmark, Russia, and Syria.


315% Profit on #AXS/USDT 

We are dedicated to delivering the highest quality signals to the trading community.

Trading on #Binance is highly lucrative, and traders worldwide acknowledge its potential.

Join our Binance Group to become a part of the top Binance Trading community, just like numerous other traders.

Come and join our Binance Group and profit with the Binance Futures BOT

Comments

Post a Comment

Popular posts from this blog

DOGE Millionaires Accumulate – Is a 30% Rally Coming?

Visit this link and make consistent profit in Binance futures & SPOT trading –  https://telegram.me/cryptosignalalert Visit – https://play.google.com/store/apps/details?id=com.freecryptosignals.app DOGE’s extremely oversold conditions hint at price reversals akin to its 400% price boom in 2024. Dogecoin price has crashed by over 70% after hitting $0.48 in December 2024. Interestingly, the memecoin’s richest holders have accumulated during the price declines, indicating their confidence in a potential rebound in the coming weeks. Dogecoin onchain metrics hint at price rebound By joining our Binance signal service you will be able to exactly follow the Binance Futures Market trades of our highly Experienced Traders. High Performance Signals Verified by Huge Number of Traders.Reliable signals from Experienced Traders. It is very easy to grow your Binance account by being part of our Growing Community. We have some expertise in trading, our team is well aware of the market fluctuat...
Read more

BTC-to-Gold Ratio Drops as Gold Price Reaches Historic $3K

Image
Visit this link and make consistent profit in Binance futures & SPOT trading – https://telegram.me/cryptosignalalert Visit - https://play.google.com/store/apps/details?id=com.freecryptosignals.app Bitcoin is in the process of breaking its multiyear uptrend against gold, mirroring the March 2021–March 2022 fractal, suggesting BTC price could drop below $65,000. Bitcoin breached a rising support trendline against gold (XAU), which has been intact for over 12 years, on March 14. Is Bitcoin’s bull market over? Let’s take a closer look at BTC’s correlation with gold. Gold hits new record high as Bitcoin’s uptrend cools The BTC/XAU ratio breakdown occurred as spot gold rates hit a new record high above $3,000 per ounce on March 14, after rising by about 12.80% year-to-date. 30% Profit on #S/USDT By joining our Binance signal service you will be able to exactly follow the Binance Futures Market trades of our highly Experienced Traders. High Performance Signals Verified by Huge Number of T...
Read more

Bitcoin Has 50%+ Chance of Hitting New High by June

Image
Visit this link to make money with bitcoin and other cryptocurrencies –  https://telegram.me/cryptosignalalert Visit –  https://play.google.com/store/apps/details?id=com.freecryptosignals.ap p Swan Bitcoin CEO Cory Klippsten tells Cointelegraph that while Bitcoin is in a consolidation phase, he doesn’t see that “stretching into long-term sideways movement.” The chances of Bitcoin surpassing its all-time high of $109,000 by June are favorable, but the market first needs time to absorb volatile macroeconomic conditions, says Swan Bitcoin CEO Cory Klippsten. “I think there’s more than 50% chance we will see all-time highs before the end of June this year,” Klippsten told Cointelegraph.  However, he said that market participants first need to adapt to US President Donald Trump’s tariff threats and the uncertainty around inflation rates. “The market needs to first digest tariffs, trade war fears, and growth scare fears. Bitcoin trading below $100,000 right now feels like a pau...
Read more