CoinDesk••1 min read
Gold Nears $5,000 Amid Bitcoin Underperformance Debate: Experts Weigh In
Gold is approaching the $5,000 mark, sparking discussions about Bitcoin's relative underperformance. According to reports, Jim Bianco noted that adoption announcements are not impacting BTC as they once did. Bloomberg's Eric Balchunas suggested considering a longer-term perspective on the matter. The development highlights differing views on the current state and future potential of Bitcoin within the broader financial landscape.
📱
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.
Related News
Notorious ‘sandwich attack’ bot Jaredfromsubway.eth exploited for $7.5M
Cointelegraph•7h ago
Secret Network’s Axelar bridge drained for $4.67 million in infinite-mint exploit that went unnoticed for seven days
The Block•9h ago
Bitcoin rotations into altcoins collapses: Have altseasons 'disappeared'?
Cointelegraph•12h ago
Charles Schwab is working with Cboe to launch S&P 500 ‘yes-or-no’ binary options contracts: WSJ
The Block•12h ago