โnews BusinessCrypto first seen 5 h ago, last 5 h ago, peak #35
Bitcoin outperforms gold, up 66% since March
Original: BREAKING: Bitcoin has officially flipped gold in yearly performance, now up 66% against gold since March. ๐ Bullish! ๐
Bitcoin has overtaken gold in yearly performance, rising 66% against the precious metal since March according to market data circulating among traders. Commentators describe the move as a bullish signal for cryptocurrency, arguing it marks a symbolic shift in bitcoin's status as a store of value relative to gold, long the traditional safe-haven asset for investors.
Why now: Bitcoin beating gold in yearly returns is a striking milestone that fuels debate about crypto replacing gold as a safe-haven asset.
Evidence
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