BTC31011

06/20 12:47

This week alone, the ratio only surged 1.5%, sugge

This week alone, the ratio only surged 1.5%, suggesting BTC held relatively better against gold during Middle East tensions. 

In fact, on a year-on-year (YoY) basis, BTC has surged 58%, offering investor returns higher than the S&P 500 Index’s 11% or gold’s 46%. If the ratio extends its rally to 40, then BTC would offer better returns than gold. 

On investors’ returns, however, BTC had a head start from April and outperformed gold by 34%.

However, gold has outpaced BTC by 10% since mid-May, per the BTC/gold ratio, an indicator tracking BTC’s relative price performance against gold

#Trump family backs TRON's US listing#Join HTX On A Fitness Journey To Mars#Miss HTX Season 3 Kicks Off With Global Selection#US May CPI data#Do you think FB is promising?

Me gustaCompartir