Bitcoin Prices for the Last 30 days

Bitcoin Price News

Headline	Source
Crypto funds stolen in 2024 up by almost 21.07% to hit $2.2 billion: Report - The Hindu	The Hindu - Dec 21, 2024
Crypto Market Today (Dec 21, 2024): Bitcoin Price Rises to $97k \| HYPE Surges 34% - Coinpedia Fintech News	Coinpedia Fintech News - Dec 21, 2024
Crypto chatter about ‘buying the dip’ hits 8-month high: Santiment - TradingView	TradingView - Dec 20, 2024
Agents of Evolution: Crypto’s Next Act - CoinDesk	CoinDesk - Dec 20, 2024
Don’t Buy Bitcoin and XRP at the Top - New Crypto The Deep State Launches Today \| Bitcoinist.com - Bitcoinist	Bitcoinist - Dec 20, 2024
MicroStrategy Surges 6.5%, Riot Platforms Gains--Is Bitcoin's Rebound Fueling a New Crypto Boom? - Yahoo Finance	Yahoo Finance - Dec 20, 2024
Crypto liquidations hit $1B as traders were ‘unprepared for bad news’ - FXStreet	FXStreet - Dec 20, 2024
SEC approves Hashdex and Franklin Templeton's combined Bitcoin and Ethereum crypto index ETFs - FXStreet	FXStreet - Dec 20, 2024
Over $1B Liquidated as Crypto Market Continues to Dip Following Fed’s Hawkish Signal - Cryptonews	Cryptonews - Dec 20, 2024
Tether Removal Puts Europe at Risk of Missing Trump Crypto Boom - Bloomberg	Bloomberg - Dec 20, 2024

Bitcoin

Bitcoin to Gold Ratio

Today's Bitcoin to Gold ratio is 37.21

This ratio can be used by investors to compare the relative value of Bitcoin (BTCUSD) and gold (XAUUSD). A higher ratio indicates that Bitcoin is more expensive relative to gold, while a lower ratio suggests that gold is more expensive relative to Bitcoin.

The Bitcoin to Gold ratio has been highly volatile due to the significant price fluctuations of Bitcoin compared to the relatively stable price of gold.

Bitcoin and Gold

Bitcoin and gold have unique relationships within financial markets, often compared and contrasted due to their roles as alternative investments. Both assets are considered hedges against economic uncertainty, but they have distinct characteristics and market dynamics.

Historically, gold has been a store of value, preserving wealth through economic downturns and inflation. Often referred to as "digital gold," Bitcoin is increasingly seen as a store of value due to its fixed supply cap of 21 million coins, which is intended to protect against inflation.

Gold is generally less volatile than Bitcoin. Gold prices tend to move more steadily over time, influenced by factors like central bank policies, jewelry demand, and geopolitical stability. While Bitcoin has large price swings that happen in frequent cycles driving speculative trading based on regulatory news, technological developments, and market sentiment.

Physical vs. Digital

Gold is tangible and is a physical asset that has been used as money for thousands of years. It also has industrial applications and intrinsic value due use in consumer products.

Bitcoin and other cryptocurrencies are digital asset with no physical form. Its value is derived from its scarcity, network security, and increasing adoption as a digital currency and store of value.