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Bitcoin Outperforms Gold as BTC/Gold Registers Biggest Single-Day Rise Since February 2022

Bitcoin Outperforms Gold as BTC/Gold Registers Biggest Single-Day Rise Since February 2022

CointimeCointime2024/11/07 08:44
coin_news.by:Cointime

Bitcoin's value against gold has experienced its largest single-day increase since February 2022, indicating potential outperformance of bitcoin and a shift of investment from gold. The sliding copper-to-gold ratio presents a bear case for bitcoin, but an uptrend is forming with rising stablecoin liquidity and bitcoin transactions. Despite bitcoin's 40% year-to-date increase, gold still outperforms it when adjusted for risk. CoinDesk previously reported on the expected momentum of bitcoin's price rally as gold loses its bullish edge.

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GOATS (GOATS): The “Greatest of All Time” for Earning Crypto on Telegram

What is GOATS (GOATS)? GOATS (GOATS) is a popular gaming platform on Telegram that has taken the world by storm since its launch in July 2024. GOATS was designed to be more than just another game on Telegram. The platform’s name comes from the popular phrase “G.O.A.T.,” which stands for the “Greate

Bitget Academy•2024/11/07 11:24

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GOATS (GOATS): The “Greatest of All Time” for Earning Crypto on Telegram

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Chainlink Combines AI, Oracles, and Blockchain to Address Corporate Data Fragmentation in Financial Markets

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Bitcoin
Bitcoin
BTC
$74,878.78
+0.75%
Ethereum
Ethereum
ETH
$2,822.36
+7.27%
Tether USDt
Tether USDt
USDT
$1
+0.00%
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Solana
SOL
$187.77
+1.32%
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BNB
BNB
$595.15
+2.16%
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USDC
USDC
$1.0000
+0.00%
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XRP
XRP
$0.5511
+2.95%
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Dogecoin
DOGE
$0.1927
-4.94%
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TRX
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-1.31%
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ADA
$0.3709
+3.59%
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