Bitcoin’s price declined by 12.3% over the past year while gold’s price surged 80%. Adjusting for their market capitalizations, Bitcoin would need to increase by 172% to compete with gold’s growth and reduce the market cap gap. Currently, Bitcoin’s price is approximately 68% below where it should be if it were keeping pace with gold’s rally over the last 12 months.
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Bitcoin Would Need to Rally to $278K to Rival Gold's Recent Performance
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