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Better Buy: Bitcoin or Gold?

From fool.com

Crypto investors have long referred to Bitcoin as "digital gold." If that's the case, then Bitcoin (BTC -2.93%) -- just like gold -- should act as a hedge against the type of market volatility and economic uncertainty investors are currently experiencing. But consider what's happening right now. The price of gold just soared past $3,000 to hit a new all-time high and is now up 15% for the year. In contrast, Bitcoin has fallen nearly 20% from an all-time high of $109,000 in January. Gold appears to be on the way up, while Bitcoin -- at least for the current moment -- seems to be heading down. So, which is the better ... (full story)

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  • Category: Fundamental Analysis