Bitcoin Crushes Gold Ceiling: 1 BTC Equals 39 Ounces—More to Come?

1 month ago 18

This Billion-Dollar BTC Transfer Explains Why Bitcoin Continues To Eclipse Gold

Launched in 2009, Bitcoin has massively surged as the flagship cryptocurrency recently hit an all-time high of $106,533. Since the U.S. presidential election, the value of the cryptocurrency has increased by at least 50 percent. However, the price is currently consolidating at $104,672 – 2.6% higher on Monday.

At this price, 1 Bitcoin is equal to 39 ounces of gold.

U.S. Strategic BTC Reserve Talk Fuels Rally<...>



BitNews shares this Content always with Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.

Read Entire Article


Screenshot generated in real time with SneakPeek Suite