Gold Collapses as Bitcoin Soars

pile of golden bitcoins

The price of gold closed at US$1,682.94 yesterday, its lowest level since June 2020. But while gold is down approximately 14% YTD, its digital “counterpart” — Bitcoin — is up almost 80%. And hype for the cryptocurrency is only continuing to build… Via CNBC, “Bitcoin could one day ‘become the currency of choice for international […]

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