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Breaking News: Is Sony The Next Crypto Bank? Tech Giant Applies For A National Charter In The US
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Breaking News: Is Sony The Next Crypto Bank? Tech Giant Applies For A National Charter In The US

Bitcoin Becomes Worth More Than An Ounce of Gold in the United States

newsbtc
newsbtc
5 years ago
1 min read

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Bitcoin Ounce Gold America

Take a peak at the graphic above (source: this Reddit post). It’s a comparison between the price of Bitcoin and the price of gold in the United States. As of yesterday, the price of Bitcoin has actually exceeded the price of gold here in the states, making it one valuable asset. This news comes as the value of gold has steadily been decreasing this year. Meanwhile the price of Bitcoin has been growing this year, particularly in the month of November.

The digital currency has more than doubled its value this month alone, but the question remains, will it keep it up? We ask this in many of our posts, simply because it’s an important question. Bitcoin can go from $1,000+ value back to where it was overnight.

Let’s all keep our eyes on it.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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