Price Analysis 8/17: BTC, ETH, XRP, LINK, BCH, LTC, BSV, ADA, EOS, BNB - The Classy Investors

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Price Analysis 8/17: BTC, ETH, XRP, LINK, BCH, LTC, BSV, ADA, EOS, BNB

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August 17, 2020

Stock, Top News

Cryptocurrency4 hours ago (Aug 17, 2020 05:00PM ET)

Price Analysis 8/17: BTC, ETH, XRP, LINK, BCH, LTC, BSV, ADA, EOS, BNB

Investors usually buy large quantities of gold when they do not have faith in fiat currencies and want to protect their purchasing power against debasement. Berkshire Hathaway’s recent purchase of Canadian gold miner Barrick Gold (NYSE:GOLD) suggests that Warren Buffet is not confident about the future health of the United States and global economy.

Morgan Creek Digital co-founder and partner Jason Williams (NYSE:WMB) believes that although Buffet might not directly invest in Bitcoin (BTC), it is likely that one of the younger managers will.

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