Bitcoin edges closer to gold with market cap nearing 10%
Quick Take Bitcoin, often referred to as ‘digital gold,’ is nearing a notable juncture, as its market capitalization approaches 10% of gold’s massive $14.55 trillion market cap, currently at 9.5%, according to data from the Clarkmoody dashboard. As Bitcoin hovers at approximately $67,000, its market capitalization stands at an estimated $1.314 trillion. This comes amidst...