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Cryptocurrencies: 27846
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Cryptocurrencies: 27846
Markets: 116350
Market Cap: $3,350,465,516,360     
24h Vol: $162,289,815,217
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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