【】
If you own Bitcoin, rejoice: A single unit of digital cryptocurrency is now worth more than an ounce of actual, physical gold.。
According to CoinDesk's Bitcoin Price Index, the price of 1 Bitcoin is $1,281.95 at the time of this writing, while the gold spot price is $1,227.66 per ounce, according to Bloomberg Markets. 。
SEE ALSO:Bitcoin reaches an all-time high as SEC decision looms 。The two prices met after a shoddy day and a flat year for gold, in contrast to the amazing year Bitcoin has had in terms of price -- exactly a year ago, the cryptocurrency traded at around $200 per one Bitcoin.。
Thanks for signing up!。Credit: Coindesk 。

The correlation between the two numbers is not very important as the price of physical gold has little to do with the price of one Bitcoin. But it's an important psychological barrier for Bitcoin, which is currently trading at an all-time high, as the cryptocurrency has often (and somewhat inaccurately) been called "digital gold."。
The reasons behind Bitcoin's price surge -- after its horrendous slump in 2014 -- aren't very clear, but one possibility is the market's positive expectations with regards to the U.S. SEC approving the Winklevoss brothers' bitcoin ETF, which would make trading Bitcoin in the U.S. much easier. 。
Does this mean you should ditch gold and buy Bitcoin, or vice versa? Based on just this one fact, absolutely not. Bitcoin's price has been incredibly volatile in the past, and though the past several months look very solid, a number of questions loom over the digital currency, most important of which is the Bitcoin community's inability to reach a consensus over blockchain block size. 。
Disclaimer: The author of this article owns Bitcoin, as well as several other cryptocurrencies.。
Disclaimer: The author of this article owns Bitcoin, as well as several other cryptocurrencies.。
Featured Video For You。
相关文章

These glasses hide a fitness tracker on your face
The last time a company tried popularizing wearable tech embedded in glasses, most notably with Goog2026-04-29
Scammers, shady marketers are coming for your coronavirus stimulus check
You didn’t think the U.S. government would send up tp $1,200 to millions of Americans without2026-04-29
Coachella canceled over coronavirus concerns
Coachella announced that it's canceling its annual two-weekend music festival in an effort to contai2026-04-29
Motorola's foldable Moto Razr now comes in Blush Gold
Got $1,500 that you want to spend on a mid-range foldable phone? Well, now you can get Motorola's Mo2026-04-29
Olympic security asks female Iranian fan to drop protest sign
Olympic security personnel questioned a female Iranian volleyball fan Saturday when she showed up fo2026-04-29
What is VoIP? An expert explains.
If you've never heard of VoIP, don't panic. It's not an acronym people usually carry in their everyd2026-04-29


最新评论