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.
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.
Despite an 11X larger market capitalization, gold has rallied 32% versus BTC’s far more modest 16% so far this year.