RATE Group | Bitcoin 2020: If you love gold, should you love bitcoin too?
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Bitcoin 2020: If you love gold, should you love bitcoin too?

Bitcoin 2020: If you love gold, should you love bitcoin too?

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Editor’s Note: 2020 is expected to be another year of significant uncertainty and turmoil. But the question is what asset will emerge the victor when the dust settles from the global trade war, Brexit, recession threats, negative bond yields. It’s a showdown of global proportions, so don’t miss all our exclusive coverage on how these factors could impact your 2020 investment decisions.

(Kitco News) Whether you love, hate, or totally ignore bitcoin, the cryptocurrency is looking to become more mainstream and less volatile in the new year and the new decade to come, according to analysts.

This year has built a solid foundation for prices, which began the year just below $4,000 and then peaked just below $14,000 in June. Since then, bitcoin has somewhat stabilized around the $7,000 level. At the time of writing, bitcoin was trading at $6,942.00.

Going forward, regulation and mass adoption will be the key drivers keeping bitcoin prices supported, analysts said.

Bitcoin…

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