cryptonews
2021-06-02 09:35:11

Gold is Having Its Month While Bitcoin is Stuck in a 'Digital Copper' Phase

As bitcoin (BTC) crashed from its all-time high, gold is seeing a rally, with traditional investors returning to this metal and away from BTC - which, a banker claims, is now more similar to copper than gold. At 7:16 UTC, the price of gold is up by almost 7% in the past 30 days. It's trading at almost USD 1,900 per ounce, and has recovered most of its losses in 2021.

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