Bitcoin (BTC) $56,704.57 4.07%
Ethereum (ETH) $3,000.12 4.22%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 139.550313 10.85%
Cardano (ADA) $0.35 6.47%
Chainlink (LINK) $12.46 9.00%
Polygon (MATIC) 0.482342 9.87%
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X-CASH (XCASH) 2.0E-6 20.14%
Dogecoin (DOGE) $0.00 5.08%

Cryptocurrencies: 22121

Markets: 83458

Market Cap: $2,082,271,223,765

24h Vol: $81,786,381,503

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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