Summary
- This year, gold prices rose about 33%, recording a rate twice that of Bitcoin.
- CoinDesk said the rise in gold prices is three times that of the Nasdaq 100 and twice that of Bitcoin.
- The Bitcoin·gold ratio was calculated at 31.2, showing about a 27% decrease compared to last December (40).
This year, the rate of increase in gold prices was found to be twice that of Bitcoin (BTC).
On the 4th (local time), CoinDesk reported that gold prices have risen about 33% year-to-date. CoinDesk said, "This is three times the Nasdaq 100's gain and twice Bitcoin's price gain."
The Bitcoin·gold ratio recorded 31.2. That means it takes 31.2 ounces of gold to buy one Bitcoin. Compared with last December (40), it has decreased by about 27%.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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