Bitcoin (BTC) $78,928.39 -3.01%
Ethereum (ETH) $2,216.16 -3.50%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 89.064231 -3.91%
Cardano (ADA) $0.26 -4.66%
Chainlink (LINK) $10.04 -5.00%
Litecoin (LTC) $57.21 -2.35%
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Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.851847 -4.58%
X-Cash (XCASH) 7.0E-6 -3.76%
Dogecoin (DOGE) $0.00 1.53%

Cryptocurrencies: 28951

Markets: 114239

Market Cap: $2,628,108,327,655

24h Vol: $97,510,766,649

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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