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Target 🎩🐹
@mehdiii
Gold and oil, expressed in BTC, provide insight into how they compare to Bitcoin as an alternative asset. This reflects their relative value changes, taking into account Bitcoin's volatility. If the price of BTC rises, the cost of gold and oil in BTC decreases, even if their nominal value in dollars remains unchanged. This is a direct result of the increasing purchasing power of BTC. In other words, a decline in gold or oil priced in BTC does not indicate their weakness as assets—it is simply a consequence of Bitcoin's growth.
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Moein
@moeiny
Thanks for the explanation 465 $DEGEN
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