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Bloomberg: Bitcoin Is Stabilizing At 6x The Price of Gold

August 5, 2020 by DIGIT
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Bloomberg suggests that the price of Bitcoin is stabilizing at six times the price of gold, yet it contends that the asset is still undervalued.

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Categories Bitcoin, Blockchain, Bloomberg, gold
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  • bitcoinBitcoin(BTC)$69,587.00-0.80%
  • ethereumEthereum(ETH)$2,500.28-0.80%
  • tetherTether(USDT)$1.000.05%
  • binancecoinBNB(BNB)$572.70-1.07%
  • solanaSolana(SOL)$166.11-1.29%
  • usd-coinUSDC(USDC)$1.00-0.04%
  • rippleXRP(XRP)$0.51-1.13%
  • staked-etherLido Staked Ether(STETH)$2,498.23-0.75%
  • dogecoinDogecoin(DOGE)$0.159721-1.68%
  • tronTRON(TRX)$0.167129-0.12%
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  • bitcoinBitcoin(BTC)$69,587.00-0.80%
  • ethereumEthereum(ETH)$2,500.28-0.80%
  • tetherTether(USDT)$1.000.05%
  • binancecoinBNB(BNB)$572.70-1.07%
  • solanaSolana(SOL)$166.11-1.29%
  • usd-coinUSDC(USDC)$1.00-0.04%
  • rippleXRP(XRP)$0.51-1.13%
  • staked-etherLido Staked Ether(STETH)$2,498.23-0.75%
  • dogecoinDogecoin(DOGE)$0.159721-1.68%
  • tronTRON(TRX)$0.167129-0.12%