Despite rising metal prices, cryptocurrencies and, above all, Bitcoin are increasingly approaching its value.
With the capitalization of the most popular cryptocurrency exceeding 1.47 trillion dollars. and with inflationary pressures intensifying in the US, now hovering above 2%, both crypto and gold, as safe havens for investment, are likely to show further upward trends.
But despite the upward trend in precious metals in general, Bloomberg reports that the rise of gold is “indifferent”.
“At the moment I do not see any interest in the gold market.
It is stuck and I think it will soon be replaced by digital gold, Bitcoin.
“Every day that passes, everyone who knows and owns gold understands that little by little the yellow metal will be replaced.”