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Currency compare bitcoin5/2/2023 ![]() How much is all the gold in the world worth? Here we have quite a big difference. So why do we even have the discussion of, which is better gold or Bitcoin? Today we will take a closer look at the two popular assets, see how they compare and hopefully help you make an informed decision about how to trade gold and Bitcoin in the best way.įor hundreds of years, gold was the number one safe haven asset, while Bitcoin was launched just over a decade ago. JPMorgan analysts share this view, saying that the adoption of Bitcoin by institutional investors has only just begun and they added that the price of gold would suffer because of this in the coming years. Payment giant PayPal (PYPL) has already embraced Bitcoin, and Rick Rieder, BlackRock's chief investment officer of global fixed income, even went as far as to say that Bitcoin could replace gold. ![]() With the US dollar weakening, Bitcoin and other popular cryptocurrencies continue gaining more attention as traditional investors are looking to diversify their portfolio and to get better return on investments.īitcoin’s mainstream adoption is also supported by the growing interest of the institutional investors. ![]() Bitcoin has started 2021 with a new all-time high above $34,000 (£24,850, €27,724) and analysts remain bullish about the cryptocurrency’s strong performance in the next 12 months and beyond.īitcoin has tripled in value during 2020, showing steady growth even when the stock market was severely hit by the Covid-19 pandemic. It seems like a perfect time for crypto traders to say “I told you so” and pour more money into the most popular cryptocurrency, celebrating its triumph. TECL Direxion Daily Technology Bull 3X Shares SPXS Direxion Daily S&P 500 Bear 3X Shares UVXY ProShares Ultra VIX Short-Term Futures ETF SOXL Direxion Daily Semiconductor Bull 3X Shares
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