Bitcoin prices surges past the price of gold
One bitcoin is now worth more than the cost of one ounce of gold. According to Coindesk’s Bitcoin Price Index, the bitcoin reached to $1,273, while an ounce of gold is worth $1,244.
Bitcoin’s market capitalization also surpassed $20 billion for the first time in bitcoin’s history. There has been speculation that a bitcoin ETF would be approved by the Securities and Exchange Commission in the following weeks.
Also published on Medium.