OctaFX – The popularity of gold and Bitcoin as stores of value is growing again

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Gold will rise to $2,500, and Bitcoin will rise to $45,000 by the end of 2023. OctaFX analysts explore the reasons behind the end of the crypto winter and the increase in demand for gold.

KUALA LUMPUR, MALAYSIA – Media OutReach – 1 September 2023 – Capital markets come alive in late August and early September, and volatility returns. New trends often emerge, and opportunities to capitalise on them open up. Amidst the constantly changing financial landscape, investors must watch popular instruments like BTC and gold. OctaFX analysts explore the reasons behind the end of the crypto winter and the increase in demand for gold.

OctaFX is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services already utilised by clients from 180 countries with more than 42 million trading accounts. Free educational webinars, articles, and analytical tools they provide help clients reach their investment goals.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

OctaFX has also won more than 60 awards since its foundation, including the ‘Best Online Broker Global 2022’ award from World Business Outlook and the ‘Best Global Broker Asia 2022’ award from International Business Magazine.