Bitcoin outperforms gold and oil in first days of US-Iran war
Curiously, BTC has demonstrated relative strength among trillion-dollar assets since the onset of the Iran war.
Curiously, BTC has demonstrated relative strength among trillion-dollar assets since the onset of the Iran war.
A 72-hour rally in gold this week added twice as much value to the precious metal than the entire market capitalization of BTC.
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.