๐ฆ Gold enters a bear market ($4,300, down 20% from its peak), while Bitcoin is staging an independent rally.
๐ Bitcoin has bounced back to $63,000, pushing the Bitcoin-to-gold ratio up 3% in the last 24 hours, reaching 14.72 ounces.
โ๏ธ This means 1 Bitcoin can currently be exchanged for nearly 15 ounces of gold. Digital gold vs traditional gold, is the capital flow changing?
๐ Bitcoin has bounced back to $63,000, pushing the Bitcoin-to-gold ratio up 3% in the last 24 hours, reaching 14.72 ounces.
โ๏ธ This means 1 Bitcoin can currently be exchanged for nearly 15 ounces of gold. Digital gold vs traditional gold, is the capital flow changing?