Bitcoin (BTC) $80,537.73 -1.56%
Ethereum (ETH) $2,284.37 -2.37%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 94.625965 -2.88%
Cardano (ADA) $0.27 -3.23%
Chainlink (LINK) $10.30 -2.73%
Litecoin (LTC) $58.18 -0.90%
Dash (DASH) $46.36 -1.15%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.915004 -4.31%
X-Cash (XCASH) 7.0E-6 0.41%
Dogecoin (DOGE) $0.00 -2.82%

Cryptocurrencies: 28927

Markets: 114047

Market Cap: $2,682,400,724,765

24h Vol: $87,779,225,486

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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