02 May Bitcoin Will ‘Come of Age’ in 2020, Says Pantera Capital CEO
Bitcoin
BUY NOW has been named the asset with the highest year-to-date growth in 2020 according to figures released by Pantera Capital. This puts it ahead of assets like gold, oil, and real estate.
Bitcoin enthusiasts have often touted that BTC is the next big investment tool to be used globally, favoring it over traditional investments like gold and stocks. These enthusiasts have reason to celebrate as it was reported on April 29, 2020, by Dan Morehead, Pantera Capital CEO, that the cryptocurrency has surpassed gold in year-to-date performance. Bitcoin has seen 16% growth since Jan 1, 2020, while gold sits at 13%.
#Bitcoin overtakes Gold Year-To-Date.
Bitcoin was born in a financial crisis. It will come of age in this one.
Bitcoin, and cryptocurrencies in general, have always been compared to traditional investments, particularly during the ongoing COVID-19 outbreak. This has brought up a discussion about whether cryptocurrencies are better investments for times…