- Bitcoin’s price surge in 2023 has outpaced that of Gold.
- BTC’s 20%-plus volatility has been compared to Gold’s 18%.
- Gold’s price is confined between 1900.00 support and 1928.60 resistance.
Bitcoin’s significant price surge at the start of the year has outpaced the gains associated with gold. Reportedly, the recent 20%-plus volatility in Bitcoin and the top 100 tokens has provided a little measure of relief from the digital asset destruction of the previous year.
Subsequently, gold prices ascend above $1,900 an ounce, marking a notable 18% increase since early November, as inflation levels diminish and market speculation reflects a moderate monetary posture from the US Federal Reserve.
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