Bitcoin (BTC) $77,250.24 -0.63%
Ethereum (ETH) $2,309.71 -0.48%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 85.679236 -1.00%
Cardano (ADA) $0.25 -1.27%
Chainlink (LINK) $9.31 -0.85%
Litecoin (LTC) $56.24 -0.51%
Dash (DASH) $35.95 -3.16%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 1.013279 -0.59%
X-Cash (XCASH) 7.0E-6 1.17%
Dogecoin (DOGE) $0.00 0.16%

Cryptocurrencies: 28822

Markets: 114236

Market Cap: $2,581,652,101,487

24h Vol: $105,989,228,970

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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