Chart shows historical price of Bitcoin adjusted against both the Global Commodity Price Index and M2SL, and may serve as a visual aid to illustrate Bitcoin price adjusted for rise in commodity prices while taking into account increase in money supply.
This chart therefore accentuates and magnifies the recent downturn by taking into account both rising commodity...
Commodities are basic good used in commerce of primary origin, produced on a large scale and used as raw materials by various economic agents.
Examples are soy, corn, cotton, meat, oil, natural gas, wood and water.
They are classified, according to their origin, into agricultural, livestock, mineral and environmental.
Its main function is the supply of raw...
