What is the market cap of Bitcoin compared to gold?

1 answers

• Nov 29, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, the market cap of Bitcoin as of the latest data is approximately $1 trillion, while the market cap of gold is estimated to be around $10 trillion. This means that the market cap of Bitcoin is currently about 10% of the market cap of gold. However, it's important to note that these figures are constantly changing due to the volatile nature of the cryptocurrency market and the fluctuating price of gold. It's also worth mentioning that the market cap of Bitcoin has been steadily increasing over the years, indicating a growing interest and adoption of cryptocurrencies as an alternative investment.
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