Bitcoin (BTC) $70,757.62 -3.15%
Ethereum (ETH) $2,191.50 -4.11%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 81.532601 -4.02%
Cardano (ADA) $0.24 -5.36%
Chainlink (LINK) $8.74 -3.66%
Litecoin (LTC) $53.49 -2.88%
Dash (DASH) $41.01 -11.80%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 1.004863 -3.64%
X-Cash (XCASH) 7.0E-6 -18.37%
Dogecoin (DOGE) $0.00 0.00%

Cryptocurrencies: 28771

Markets: 114668

Market Cap: $2,408,198,839,716

24h Vol: $75,873,079,466

CryptoGlobe

2022-12-13 23:40:00

Goldman Sachs: Gold Is a Better Long-Term Investment Than Bitcoin ($BTC)

Goldman Sachs: Gold Is a Better Long-Term Investment Than Bitcoin ($BTC)

Wall Street giant Goldman Sachs has revealed it expects gold to outperform the flagship cryptocurrency Bitcoin ($BTC) over the long-term over its demand drivers, while expecting the cryptocurrency to be more influenced by tighter financial conditions. In a research note, the bank wrote that gold is a “useful portfolio diversifier” as it has developed non-speculative

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