Home Cryptocurrency ‘Digital gold’ thesis difficult to prove as real thing soars, Bitcoin stalls

‘Digital gold’ thesis difficult to prove as real thing soars, Bitcoin stalls

Geopolitical tensions favor gold, which is up 42.7% so far this year, according to StatMuse. During that same period, Bitcoin returned just 20.7%.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Bitcoin Consolidation Phase: Why Chop Is A Normal Aftermath Of Extreme Volatility

Following a period of intense volatility and a significant price movement, Bitcoin’s...

AVAX Price Prediction: Bulls Target $50 With Treasury Inflows, and Tokenization Momentum

Despite the recent market bloodbath, Avalanche (AVAX) continues to attract both institutional...

Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

Tether, the issuer of the world’s largest stablecoin by market capitalization and...

UXLINK Falls Victim to $11.3 Million Exploit, Token Plunges By Over 70%

UXLINK suffered an exploit on September 22 that drained over $11.3 million...