2024-06-16 14:35:00 ET
It's been a great time to be an owner of Bitcoin (CRYPTO: BTC) . Since the start of 2023, the top digital asset has soared 307%. The approval of spot exchange-traded funds (ETFs), as well as the April halving , were recent catalysts.
Investors might be surprised to know that gold is also near record highs thanks to bullish sentiment. Bitcoin and this precious metal are often compared to one another. But the leading cryptocurrency is a better asset to own.
Market participants like to compare Bitcoin and gold. Therefore, it might be worthwhile to first understand some similarities between these two.
For further details see:
Here Is Why Bitcoin Is a Better Investment Opportunity Than Gold