Published on 16 Mar 2024 on Motley Fool via Yahoo Finance
Bitcoin's (CRYPTO: BTC) price has been on an absolute tear. Since the start of 2023, this digital asset has soared 311%, thanks recently to the approval and launch of spot exchange-traded funds.
It's interesting to note that gold has also been experiencing bullish sentiment. Its price is in record territory as well. But when comparing these two assets, it's strikingly obvious that the top cryptocurrency has a huge edge over the precious metal. Let's take a closer look at Bitcoin and gold.