Bitcoin loses to gold as debasement trade with BTC at 2-year lows: Analysis
Bitcoin failed to become investors’ choice as the debasement trade, as BTC price action slumps while gold and silver hit repeat all-time highs, said analysis.
Bitcoin (BTC) is looking like the loser versus gold as precious metals top new all-time highs Monday.
Key points:
Bitcoin is not the debasement trade after years of losses against gold, analysis concludes.