Microelectronics Technology Co. (fka MELY)

[Rags_2_Riches_]

$MELY - "The Price of Bitcoin is Now Worth More Than One Ounce of Gold"

$MELY needs to take advantage of this like CC*L. Any updates/NEWS of Bitcoin or MJ and $MELY runs hard imo...

Bitcoin's price has reached parity with the per-ounce spot price of gold, according to the CoinDesk Bitcoin Price Index (BPI).

The per-ounce spot price for gold is $1,237.73, according to the XAU/USD spot exchange rate provided by Bloomberg Markets. Bitcoin's price, by comparison, is at $1,238.11, having opened the day at $1,230.02, BPI data shows.

The move follows a break to new all-time highs for the price of bitcoin, which began the year by crossing the $1,000 mark.

Markets have seen dizzying changes in recent weeks, breaking through a three-year-old high on 23rd February. Prices have largely continued to climb since.

Driving the price is overall bullish sentiment in the market, as traders have seemingly taken a positive tack toward the prospects of the US SEC approving the first-ever bitcoin ETF.

The SEC has a deadline of 11th March to make its decision.

$$$MELY$$$