Bitcoin24h $83,589.08+1.54%

Ethereum24h $2,685.82-1.18%

BNB24h $848.49+1.11%

XRP24h $1.72-1.16%

Solana24h $117.93+3.50%

TRON24h $0.2916+0.06%

Dogecoin24h $0.1134+0.32%

Cardano24h $0.3118-3.18%

Bitcoin Cash24h $541.25-0.09%

Hyperliquid24h $30.67+6.72%

CHART: Gold gained twice the market cap of BTC in three days

A 72-hour rally in gold this week added twice as much value to the precious metal than the entire market capitalization of BTC.

Crypto traders finally get gold — at all-time highs

The world’s largest crypto exchanges waited until gold had already rallied 70-80% to open up traditional products for retail trading.

BTC has lagged far behind gold over the past year. By one calculation, BTC is 68% lower than it should be.

Crypto promoters are trying to lure precious metal speculators with dubious claims of ultra-high yield farms in tokenized gold.

Amid a historic rally in gold over the last 12 months, BTC investors are losing confidence in it becoming digital gold.