Bitcoin vs. gold: Key differences that could position BTC for a big rally
Bitcoin has been called “digital gold,” and some of its key properties may help BTC rally more than the precious metal in percentage terms.
Bitcoin (BTC) has vastly underperformed gold (XAU) in the past year, dropping by 13.25% compared with the precious metal’s almost 100% rally. Can BTC catch up to gold’s gains?
Key takeaways:
Bitcoin’s supply is capped at 21 million, with about 1 million left to be mined.