{"id":427428,"date":"2020-06-15T11:00:02","date_gmt":"2020-06-15T11:00:02","guid":{"rendered":"https:\/\/wncen.com\/?p=427428"},"modified":"2024-06-11T14:03:58","modified_gmt":"2024-06-11T14:03:58","slug":"bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/","title":{"rendered":"Bitcoin Risks Plunging to $8K as Gold, Stocks Dive on Dollar Rebound"},"content":{"rendered":"<ul>\n<li>Bitcoin, gold, and global stocks fell in sync after a jump in virus cases moved investors to the safety of cash.<\/li>\n<li>The sentiment helped the U.S. dollar index recover its losses by another 0.11 percent, bringing its total upside rebound to 1.43 percent.<\/li>\n<li>Sebastien Galy, a strategist at Nordea Asset Management, noted the recent pullbacks would do little in harming the prevailing global market rally.<\/li>\n<\/ul>\n<p>A spike in virus cases in China and the U.S. led investors to offload part of their profitable, risk-on positions for cash this Monday.<\/p>\n<p>The U.S. dollar index, which tracks the greenback&#8217;s strength against a basket of foreign currencies, <a href=\"https:\/\/www.tradingview.com\/symbols\/TVC-DXY\/\" target=\"_blank\" rel=\"noopener nofollow\">grew stronger<\/a> by 0.11 percent. It was trading a little above 97.19 at the time of this writing. Meanwhile, it topped near 97.39 in the pre-European trading session.<\/p>\n<h2>Macro Collapse<\/h2>\n<p>The dollar&#8217;s strength sent its quoted assets lower, with global stocks, gold, and bitcoin diving hand-in-hand on Monday.<\/p>\n<p>China&#8217;s CSI plunged 1.2 percent while Hong Kong&#8217;s Hang Seng index dipped by 2.2 percent. In Japan and South Korea, the benchmark stock markets Topix and Kospi dived dropped 2.5 percent and 4.8 percent, respectively.<\/p>\n<p>The sentiment rippled across the European markets. London&#8217;s FTSE reported a 2.2 percent decline in the early morning trade, while Paris&#8217;s CAC 40 plunged 2.7 percent. In Frankfurt, the benchmark Dax dived 2.7 percent.<\/p>\n<figure id=\"attachment_427432\" aria-describedby=\"caption-attachment-427432\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/global-stocks-15062020-1.png\"><img data-recalc-dims=\"1\" height=\"860\" width=\"860\" decoding=\"async\" class=\"wp-image-427432 size-large\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/global-stocks-15062020-1.png?fit=860%2C860\" alt=\"s&amp;p 500, dow, hang seng, nikkei, topix\" loading=\"lazy\"><\/a><figcaption id=\"caption-attachment-427432\" class=\"wp-caption-text\">Global stocks plunged in sync on rising demand for cash. Source: <a href=\"https:\/\/markets.ft.com\/data\" rel=\"nofollow\">FT<\/a><\/figcaption><\/figure>\n<p>Futures tied to the U.S. benchmark <a href=\"https:\/\/wncen.com\/2020\/06\/15\/bitcoin-btc-could-dive-new-monthly-low-below-9000\/\">S&amp;P 500, too, fell 2.5 percent<\/a>, pointing towards a day of red after the New York opening bell Monday.<\/p>\n<p>Meanwhile, spot gold slipped by 1.3 percent to $1,708.11.<\/p>\n<h2>Bitcoin<\/h2>\n<p>A downside move across the macro assets put Bitcoin, an offbeat investment asset, in the same bearish trajectory Monday. The cryptocurrency plunged by 2.17 percent to $9,122 as of 1024 UTC. At its intraday lowest, it was trading at circa $8,895.<\/p>\n<figure id=\"attachment_427433\" aria-describedby=\"caption-attachment-427433\" style=\"width: 860px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/bitcoin-price-15062020-4.png\"><img data-recalc-dims=\"1\" height=\"860\" width=\"860\" decoding=\"async\" class=\"wp-image-427433 size-large\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/bitcoin-price-15062020-4.png?fit=860%2C860\" alt=\"bitcoin, btcusd, xbtusd, btcusdt, cryptocurrency, crypto\" loading=\"lazy\"><\/a><figcaption id=\"caption-attachment-427433\" class=\"wp-caption-text\">Bitcoin price chart on <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=COINBASE\" rel=\"nofollow\">TradingView.com<\/a> showing its Monday plunge. Source: <a href=\"https:\/\/www.tradingview.com\/\" rel=\"nofollow\">TradingView.com<\/a><\/figcaption><\/figure>\n<p>The crash appeared after a long and sustainable price rally that took <a href=\"https:\/\/wncen.com\/2020\/06\/15\/4-key-signs-bitcoin-rally-3700-lows\/\">bitcoin up by more than 150 percent in just three months<\/a>. However, a concrete resistance level near $10,000 sent the price lower back into a corrective spree multiple times.<\/p>\n<p>The latest move, however, took Bitcoin below the support of its Ascending Triangle. Breaking below the pattern <a href=\"https:\/\/wncen.com\/2020\/06\/12\/70-chance-bitcoin-reclaims-11k-by-july-2020-heres-why\/\" target=\"_blank\" rel=\"noopener \">typically leads an asset lower<\/a> by as much as the height of the triangle. It stands around $1,800 in the current Bitcoin fractal.<\/p>\n<p>That roughly puts the cryptocurrency en route to $7,547 before it tests another technical support defined by its 200-day moving average (orange). It sits near the $8,000-8,200 range.<\/p>\n<p>On a brighter note, one Wall Street veteran believes that the global market rebound is merely a technical correction. Sebastien Galy, a strategist at Nordea Asset Management, <a href=\"https:\/\/www.ft.com\/content\/a63b4823-3fce-4c8f-8307-c4eec1811c93\" rel=\"nofollow\">told FT<\/a> that investors would reenter the market on the next dip.<\/p>\n<blockquote><p>&#8220;Such dislocations are oft an opportunity and we would posit the third wave upward in the equity market partially disconnected from fundamentals and driven by the quantitative easing of central banks,\u201d he said.<\/p><\/blockquote>\n<p>The upside mood should reflect on Bitcoin as well, allowing it to retest $10,000 on its next bounce back.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin, gold, and global stocks fell in sync after a jump in virus cases moved investors to the safety of cash. The sentiment helped the U.S. dollar index recover its losses by another 0.11 percent, bringing its total upside rebound to 1.43 percent. Sebastien Galy, a strategist at Nordea Asset Management, noted the recent pullbacks would do little in harming the prevailing global market rally. A spike in virus cases in China and the U.S. led investors to offload part of their profitable, risk-on positions for cash this Monday. The U.S. dollar index, which tracks the greenback&#8217;s strength against a basket of foreign currencies, grew stronger by 0.11 percent. It was trading a little above 97.19 at the time of this writing. Meanwhile, it topped near 97.39 in the pre-European trading session. Macro Collapse The dollar&#8217;s strength sent its quoted assets lower, with global stocks, gold, and bitcoin diving hand-in-hand on Monday. China&#8217;s CSI plunged 1.2 percent while Hong Kong&#8217;s Hang Seng index dipped by 2.2 percent. In Japan and South Korea, the benchmark stock markets Topix and Kospi dived dropped 2.5 percent and 4.8 percent, respectively. The sentiment rippled across the European markets. London&#8217;s FTSE reported a 2.2 percent decline in the early morning trade, while Paris&#8217;s CAC 40 plunged 2.7 percent. In Frankfurt, the benchmark Dax dived 2.7 percent. Futures tied to the U.S. benchmark S&amp;P 500, too, fell 2.5 percent, pointing towards a day of red after the New York opening bell Monday. Meanwhile, spot gold slipped by 1.3 percent to $1,708.11. Bitcoin A downside move across the macro assets put Bitcoin, an offbeat investment asset, in the same bearish trajectory Monday. The cryptocurrency plunged by 2.17 percent to $9,122 as of 1024 UTC. At its intraday lowest, it was trading at circa $8,895. The crash appeared after a long and sustainable price rally that took bitcoin up by more than 150 percent in just three months. However, a concrete resistance level near $10,000 sent the price lower back into a corrective spree multiple times. The latest move, however, took Bitcoin below the support of its Ascending Triangle. Breaking below the pattern typically leads an asset lower by as much as the height of the triangle. It stands around $1,800 in the current Bitcoin fractal. That roughly puts the cryptocurrency en route to $7,547 before it tests another technical support defined by its 200-day moving average (orange). It sits near the $8,000-8,200 range. On a brighter note, one Wall Street veteran believes that the global market rebound is merely a technical correction. Sebastien Galy, a strategist at Nordea Asset Management, told FT that investors would reenter the market on the next dip. &#8220;Such dislocations are oft an opportunity and we would posit the third wave upward in the equity market partially disconnected from fundamentals and driven by the quantitative easing of central banks,\u201d he said. The upside mood should reflect on Bitcoin as well, allowing it to retest $10,000 on its next bounce back.<\/p>\n","protected":false},"author":50,"featured_media":427434,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3,4],"tags":[428,1144,78790,6664,1558,76835],"class_list":["post-427428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","category-analysis","tag-bitcoin","tag-btcusd","tag-btcusdt","tag-crypto","tag-cryptocurrency","tag-xbtusd"],"acf":[],"yoast_head":"\n<title>Bitcoin Risks Plunging to $8K as Gold, Stocks Dive on Dollar Rebound<\/title>\n<meta name=\"description\" content=\"Bitcoin, gold, and global stocks fell in sync after a jump in virus cases moved investors to the safety of cash. The sentiment helped the U.S. dollar\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Risks Plunging to $8K as Gold, Stocks Dive on Dollar Rebound\" \/>\n<meta property=\"og:description\" content=\"Bitcoin, gold, and global stocks fell in sync after a jump in virus cases moved investors to the safety of cash. The sentiment helped the U.S. dollar\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-15T11:00:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:03:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/shutterstock_1100241140-1.jpg?fit=1000%2C667\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Yashu Gola\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Yashu Gola\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/\"},\"author\":{\"name\":\"Yashu Gola\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5525937b173cfbe70c9793968201315f\"},\"headline\":\"Bitcoin Risks Plunging to $8K as Gold, Stocks Dive on Dollar Rebound\",\"datePublished\":\"2020-06-15T11:00:02+00:00\",\"dateModified\":\"2024-06-11T14:03:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/\"},\"wordCount\":534,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/shutterstock_1100241140-1.jpg?fit=1000%2C667\",\"keywords\":[\"bitcoin\",\"btcusd\",\"BTCUSDT\",\"crypto\",\"cryptocurrency\",\"xbtusd\"],\"articleSection\":[\"Bitcoin\",\"Cryptocurrency Market News\",\"Technical analysis\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/\",\"name\":\"Bitcoin Risks Plunging to $8K as Gold, Stocks Dive on Dollar Rebound\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/shutterstock_1100241140-1.jpg?fit=1000%2C667\",\"datePublished\":\"2020-06-15T11:00:02+00:00\",\"dateModified\":\"2024-06-11T14:03:58+00:00\",\"description\":\"Bitcoin, gold, and global stocks fell in sync after a jump in virus cases moved investors to the safety of cash. The sentiment helped the U.S. dollar\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/shutterstock_1100241140-1.jpg?fit=1000%2C667\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/shutterstock_1100241140-1.jpg?fit=1000%2C667\",\"width\":1000,\"height\":667,\"caption\":\"Bitcoin Risks Plunging to $8K as Gold, Stocks Dive on Dollar Rebound\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Risks Plunging to $8K as Gold, Stocks Dive on Dollar Rebound\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5525937b173cfbe70c9793968201315f\",\"name\":\"Yashu Gola\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/28bbfac767d31469cf5062a0d68508d3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/28bbfac767d31469cf5062a0d68508d3?s=96&d=mm&r=g\",\"caption\":\"Yashu Gola\"},\"description\":\"Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 \u2013 and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN. Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.\",\"url\":\"https:\/\/wncen.com\/author\/gola-yashu\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Risks Plunging to $8K as Gold, Stocks Dive on Dollar Rebound","description":"Bitcoin, gold, and global stocks fell in sync after a jump in virus cases moved investors to the safety of cash. The sentiment helped the U.S. dollar","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Risks Plunging to $8K as Gold, Stocks Dive on Dollar Rebound","og_description":"Bitcoin, gold, and global stocks fell in sync after a jump in virus cases moved investors to the safety of cash. The sentiment helped the U.S. dollar","og_url":"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2020-06-15T11:00:02+00:00","article_modified_time":"2024-06-11T14:03:58+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/shutterstock_1100241140-1.jpg?fit=1000%2C667","type":"image\/jpeg"}],"author":"Yashu Gola","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Yashu Gola","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/"},"author":{"name":"Yashu Gola","@id":"https:\/\/wncen.com\/#\/schema\/person\/5525937b173cfbe70c9793968201315f"},"headline":"Bitcoin Risks Plunging to $8K as Gold, Stocks Dive on Dollar Rebound","datePublished":"2020-06-15T11:00:02+00:00","dateModified":"2024-06-11T14:03:58+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/"},"wordCount":534,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/shutterstock_1100241140-1.jpg?fit=1000%2C667","keywords":["bitcoin","btcusd","BTCUSDT","crypto","cryptocurrency","xbtusd"],"articleSection":["Bitcoin","Cryptocurrency Market News","Technical analysis"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/","url":"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/","name":"Bitcoin Risks Plunging to $8K as Gold, Stocks Dive on Dollar Rebound","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/shutterstock_1100241140-1.jpg?fit=1000%2C667","datePublished":"2020-06-15T11:00:02+00:00","dateModified":"2024-06-11T14:03:58+00:00","description":"Bitcoin, gold, and global stocks fell in sync after a jump in virus cases moved investors to the safety of cash. The sentiment helped the U.S. dollar","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/shutterstock_1100241140-1.jpg?fit=1000%2C667","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/shutterstock_1100241140-1.jpg?fit=1000%2C667","width":1000,"height":667,"caption":"Bitcoin Risks Plunging to $8K as Gold, Stocks Dive on Dollar Rebound"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Risks Plunging to $8K as Gold, Stocks Dive on Dollar Rebound"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/5525937b173cfbe70c9793968201315f","name":"Yashu Gola","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/28bbfac767d31469cf5062a0d68508d3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/28bbfac767d31469cf5062a0d68508d3?s=96&d=mm&r=g","caption":"Yashu Gola"},"description":"Yashu Gola is a Mumbai-based finance journalist. He is profoundly active in the bitcoin space since 2014 \u2013 and has contributed to several cryptocurrency media outlets, including NewsBTC, FxDailyReport, Bitcoinist, and CCN. Academically, Yashu holds a bachelor's in information technology, with majors in data structures and C++ programming language. He has also won the 'Atulya Award' for his efforts towards raising $100,000 for an India-based farming project.","url":"https:\/\/wncen.com\/author\/gola-yashu\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Risks Plunging to $8K as Gold, Stocks Dive on Dollar Rebound","url":"http:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/shutterstock_1100241140-1.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/shutterstock_1100241140-1.jpg?fit=1000%2C667"},"articleSection":"Bitcoin","author":[{"@type":"Person","name":"Yashu Gola"}],"creator":["Yashu Gola"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btcusd","btcusdt","crypto","cryptocurrency","xbtusd"],"dateCreated":"2020-06-15T11:00:02Z","datePublished":"2020-06-15T11:00:02Z","dateModified":"2024-06-11T14:03:58Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Risks Plunging to $8K as Gold, Stocks Dive on Dollar Rebound\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-gold-stocks-dive-to-multi-day-lows-as-dollar-recovers-strongly\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/shutterstock_1100241140-1.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/shutterstock_1100241140-1.jpg?fit=1000%2C667\"},\"articleSection\":\"Bitcoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Yashu Gola\"}],\"creator\":[\"Yashu Gola\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btcusd\",\"btcusdt\",\"crypto\",\"cryptocurrency\",\"xbtusd\"],\"dateCreated\":\"2020-06-15T11:00:02Z\",\"datePublished\":\"2020-06-15T11:00:02Z\",\"dateModified\":\"2024-06-11T14:03:58Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/shutterstock_1100241140-1.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/427428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=427428"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/427428\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/427434"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=427428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=427428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=427428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}