New store of value? Bitcoin’s dominance over gold hits largest margin in history
The recent Bitcoin (BTC) spike above $100,000 has elevated the asset to outperform gold by the largest margin in history. Specifically, Bitcoin is now valued at 36.78 ounces of gold per BTC, a historic high against the traditional store of value, according to data shared by Barchart on December 6. Bitcoin and gold price performance. Source: Barchart The data indicates that from its early years, Bitcoin’s price trajectory has been marked by volatile but meteoric rises. Picks for you Bitcoin sees massive pump and dump in 24 hours, around $100k mark 20 mins ago Bernstein names this Bitcoin-related stock as its best idea for 2025 33 mins ago ...