Bitcoin vs. Gold: BTC Loses Ground as Central Banks Drive Gold to Record Highs
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Bitcoin has lost its value against gold, with the Bitcoin-to-gold ratio falling from 33 ounces in March to 24 ounces by September, according to Kaiko. This decline is partly due to a broader sell-off in risk assets, but it also highlights the strong performance of gold. Demand for gold has surged, driven by central banks The post Bitcoin vs. Gold: BTC Loses Ground as Central Banks Drive Gold to Record Highs appeared first on Coin Edition .
Source: Coin Edition
