Bitcoin Outshines Gold for First Time Since June

From coindesk.com

Bitcoin logged double-digit gains in October, outperforming gold for the first time since June. The world’s biggest cryptocurrency by market value ended last month with a gain of 10.26 percent, snapping a three-month losing streak, according to Bitstamp data. Meanwhile, gold gained just 2.74 percent in October, having dropped 3.17 percent in September – the biggest monthly drop since June 2018. Bitcoin scored gains for five straight months from February to June – its longest winning streak since August 2017. Gold, however, registered losses in February, March and April. The yellow metal did inch higher by 1.7 ... (full story)