Bitcoin24h $67,818.78+1.44%

Ethereum24h $1,960.04-0.38%

XRP24h $1.42+0.06%

BNB24h $611.30+0.86%

Solana24h $83.49+2.21%

TRON24h $0.2831+1.25%

Dogecoin24h $0.0985+1.09%

Bitcoin Cash24h $554.69-0.25%

Cardano24h $0.2747+0.38%

UNUS SED LEO24h $8.58-0.73%

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.