RATE Group | Bitcoin (BTC) Outperforms Gold in YTD Returns
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Bitcoin (BTC) Outperforms Gold in YTD Returns

30 Apr Bitcoin (BTC) Outperforms Gold in YTD Returns

Posted at 15:47h in Bitcoin News by

In brief:

  • The debate as to which asset between Gold and Bitcoin (BTC) is a better hedge during a financial crisis has found a testing environment as a result of the economic impact of COVID19.
  • An analysis of both assets results in Bitcoin (BTC) outperforming Gold in Year-to-Date returns.

The question as to which asset between Gold and Bitcoin (BTC) is a better hedge during a financial crisis is finally being answered. The Coronavirus Induced global recession has provided the perfect testing ground to finally put to rest the debate as to which asset is a better store of value. The CEO of Pantera Capital, Dan Morehead, posted the following tweet that showcased that Bitcoin (BTC) was ahead of Gold in terms of Year-to-date returns.

Updated YTD Gains of Both Bitcoin…

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