In recent financial news, Bitcoin has surpassed the price of a kilogram of gold, marking a significant milestone in the cryptocurrency market. As of November 2024, the price of Bitcoin has reached approximately $65,000, while the price of gold is around $60,000 per kilogram. This comparison highlights the growing value and acceptance of Bitcoin as an asset class.
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Bitcoin now more costly than a kilogram of gold
- Thread starter VericaSuvic
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As at today bitcoin has indeed surpassed the value of a kilogram of gold, with its current price around $99,485.01. This milestone is a testament to Bitcoin's growing reputation as a store of value and a hedge against inflation.
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Well, Gold is the most valuable asset in the world and Bitcoin is one of the 10 biggest assets, maybe it could one day surpass the value of Gold.