Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Bitcoin News & Updates => Topic started by: Btceth01 on February 11, 2021, 11:53:25 PM
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In recent times, the price performance of bitcoin has been better than that of gold.
For example in the year of the pandemic, 2020, the price of gold went from $1,552 to $1,898 per ounce, or a gain of 22% in one year.
In the same period, BTC went from $7,200 to $28,800, or a gain of 300%.
In contrast, the previous year, 2019, had closed with +20% for gold, and with +89% for bitcoin.
Therefore, it has been at least two years since bitcoin’s performance beat that of gold. However, it is also true that 2018 was a terrible year for BTC, although it came in the wake of a pyrotechnic 2017. Source Link (https://cryptonews.net/467060/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)