FlowBank

1259 days ago • Posted by Charles-Henry Monchau

Chart of the day: despite Bitcoin’s abrupt 60% crash in March, the digital asset has massively outperformed gold throughout 2020

It has been a month since PayPal announced it would begin allowing crypto-trading through its platform and today that service went live. The big cryptos have rallied strongly since the announcement and extended gains on Thursday. Year-to-date, gold has seen gains of around 23%. In the same period, BTC recorded a 119% gain, rising from $7,165 to over $16,000 - source: www.zerohedge.com.  

Bitcoin and Gold performance year-to-date
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