Bitcoin To 'Augment' Gold As The 'Next Strategic Reserve Asset,' Says Expert

Boosted by post-election euphoria, experts muse whether Bitcoin (CRYPTO: BTC BTC - $98581.484 could potentially close the gap to gold as a strategic reserve asset. What Happened: Barbara Goodstein, Managing Partner at R360, told CNBC on Monday that BlackRock‘s Bitcoin ETF has now surpassed its gold ETF in terms of assets under management.

Source: benzinga.com

Related symbols: BTCUSD

2024-11-12 14:19:02 GMT.

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Price & Market Data

Price: $98581.484

Volume 24h: $68,686,152,604.55

Market Cap: $1,950,553,544,348.39

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,786,206. The last known price of Bitcoin is 98,593.88703543 USD and is down -0.82 over the last 24 hours. It is currently trading on 11806 active market(s) with $69,806,768,530.15 traded over the last 24 hours. More information can be found at https://bitcoin.org/.