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Bitcoin’s market cap is now 7% that of gold, what does this mean?
AMBCrypto
Sun, Jan 10, 2021 3:00 PM by AMBCrypto
Bitcoin’s market cap is now 7% that of gold, what does this mean?
With the recent spike in Bitcoin’s price, its market capitalization is nearly 7% that of Gold. On-chain analysts and crypto influencers on Twitter have been calling for Gold Flippening and this could be the first step in that direction. Back in October 2020, when Bitcoin’s network momentum was increasing steadily, Bitcoin’s correlation with Gold was […]
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