Bitcoin Prices for the Last 30 days

Bitcoin Price News

Headline	Source
Aussie Crypto Exchange’s Ex-CEO Charged for $1.5M Theft from Customer - Finance Magnates	Finance Magnates - Oct 22, 2024
‘Being this wrong should be illegal’ — Crypto pundits slam Fed’s Kashkari - Cointelegraph	Cointelegraph - Oct 22, 2024
Crypto Trader Who Spotted BNB’s Rise From $50 Now Goes All In on These 2 Altcoins \| Bitcoinist.com - Bitcoinist	Bitcoinist - Oct 22, 2024
Crypto Experts Say XRP Holders Are Exploring RBLK and ADA While The Ripple vs SEC Appeal Drama Unfolds \| - Bitcoinist	Bitcoinist - Oct 22, 2024
Crypto Prices Today Oct 22: BTC Slips To $67K, Altcoins Mimic Dip, But APT Up 11% - CoinGape	CoinGape - Oct 22, 2024
Industry Stakeholders Cautious as Argentina Drafts New Crypto Regulations - Bitcoin.com News	Bitcoin.com News - Oct 22, 2024
CFTC chair says agency is ‘handcuffed’ as crypto regulations stall: Report - Cointelegraph	Cointelegraph - Oct 22, 2024
Swissquote adds fractional shares and crypto trading - FX News Group	FX News Group - Oct 22, 2024
Top Crypto Pick For Early Christmas Gains: This Low-Cap Gem Is Set To Outperform SOL and XRP - Techpoint Africa	Techpoint Africa - Oct 22, 2024
Misspelling Soneium on Google could drain your crypto wallet: Scam Sniffer - Cointelegraph	Cointelegraph - Oct 22, 2024

Bitcoin

Bitcoin to Gold Ratio

Today's Bitcoin to Gold ratio is 24.46

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.