Goldman Sachs believes that gold will be outperforming Bitcoin in the long-term, as the leading cryptocurrency is just way too s
21 Dec 2022, 11:29
đź’ĄGoldman Sachs believes that gold will be outperforming Bitcoin in the long-term, as the leading cryptocurrency is just way too sensitive to interest rates. Indeed, gold is roughly unchanged year on year, whereas bitcoin is down 75%, and tight financial conditions, along with a lack of real uses paint a gloomy picture of its mass adoption.
👉Read article: coindesk.com/markets/2022/12/13/goldman-sachs-sees-gold-outperforming-bitcoin-in-the-longer-term/