Published in

IntoTheBlock

Jesus Rodriguez

Feb 18, 2021

3 min read

No, Bitcoin is not Behaving Like Gold But Rather as a Volatile Large-Cap Equity.

The preferred market-metaphor for Bitcoin is not very valid these days. Current market conditions are showing strong similarities in the performance of Bitcoin and some large-cap equities.

Source: https://academy.ivanontech.com/blog/bitcoin-vs-gold-vs-stocks-complete-comparison-of-history-and-the-future

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No, Bitcoin is not Behaving Like Gold But Rather as a Volatile Large-Cap Equity.

The preferred market-metaphor for Bitcoin is not very valid these days. Current market conditions are showing strong similarities in the performance of Bitcoin and some large-cap equities.

More from IntoTheBlock

Recommended from Medium

GXChain Progress Report Spet.1-Spet.7

This Is The Only Way To 100% Protect Your Digital Assets From Hacking & Irreversible Loss

Phantasma: Blockchain of the Innovators

Minting season has started!

The Crypto Currency Opportunities Are Not What We Expect

A little mix-up, but community born!

How to Value a Security Token? Part I: Factors to Consider

Top NFT Projects — Rediscovered

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