The rise of bitcoin

The rise of bitcoin

One bitcoin is now worth more than twice as much as an ounce of gold. At $2,981.51 (£2,351.82), the digital currency has far outstripped the current $1,271.19 asking price for an ounce of the precious metal. While gold may be one of the most familiar alternative assets to an everyday investor, bitcoin is likely to be new territory. But those who purchase gold as a way to store value outside of a mainstream bank could also find bitcoin of interest.

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