Veteran Trader Peter Brandt Weighs in on Bitcoin’s Dominance over Gold By U.Today
From Investing.com: 2024-05-29 15:00:23
Veteran trader Peter Brandt compares Bitcoin’s current performance to gold, noting Bitcoin has yet to surpass its 2021 highs despite recent gains. In 2021, Bitcoin hit all-time highs over $64,000. Now at $67,670, investors are still waiting for a new peak. BlackRock’s iShares Bitcoin Trust has overtaken Grayscale Bitcoin Trust as the world’s largest fund for Bitcoin, with $20 billion in assets.
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