Bitcoin, Gold May Be Sensing Monetary Debasement as Records Beckon

In the past five days, bitcoin (BTC) has surged 7%, breaking through $64,000 for the first time since Aug. 26. Gold, for its part, has reached all-time highs on over 30 occasions this year, topping $2,600 an ounce. These remarkable performances mark the first time since bitcoin’s inception in 2009 that both are the top-performing assets of the year, according to Charlie Bilello, the chief market strategist at Creative Planning, an investment management and financial planning firm.

Source: https://www.coindesk.com/markets/2024/09/20/bitcoin-gold-may-be-sensing-monetary-debasement-as-records-beckon/?utm_medium=referral&utm_source=rss&utm_campaign=headlines