Bitcoin vs gold: store of value debate intensifies with ETF roll-out
ambcrypto.comBitcoin’s new all-time high and the approval of BTC ETFs acted as a major stepping stone for general adoption. In fact, it also catapulted Bitcoin’s store of value narrative.
For quite some time now Bitcoin has been called digital gold. However, the arguments for and against the notion are equally prevalent since the narrative hasn’t completely played out yet. Nonetheless, with BTC continuously above the $60K mark, many argue that Bitcoin in fact is ‘better at being gold than gold itself.’
Despite the volatility, the king coin continues to draw interest from investors for its long-term record of building and maintaining value. In fact, this cycle saw the aggregate Bitcoin balances on the exchanges on a major downtrend. The current exchange
Read more on ambcrypto.com
