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Author Topic: Bitcoin's price has outperformed gold by 100% this year  (Read 1593 times)

Offline Tnoy30

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Bitcoin's price has outperformed gold by 100% this year
« on: June 24, 2020, 03:33:21 PM »
Bitcoin's price has increased at a rate double that of gold since the start of the year. But it has been a volatile six months.
Despite its ups and downs this year, Bitcoin (BTC) has put on a strong performance and is now up 32% YTD—outperforming gold by a wide margin.

Bitcoin started 2020 strong and climbed from a starting point of just $7,200 up to as high as $10,400 by mid-February, equivalent to a 44% gain in under two months.
Read on: https://decrypt.co/33331/bitcoins-price-has-outperformed-gold-by-100-this-year

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Bitcoin's price has outperformed gold by 100% this year
« on: June 24, 2020, 03:33:21 PM »

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Online TomPluz

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Re: Bitcoin's price has outperformed gold by 100% this year
« Reply #1 on: June 25, 2020, 03:12:36 AM »
Gold is a very stable asset and that is why it is called as the "safe haven" as its volatility can never be compared to that of Bitcoin. BTC is a volatile asset, something that many risk-takers in the market really welcomes. As far as possible return is concerned, there is no question that BTC is the winner though we are also seeing gold rising due to many factors.

 

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