#Crypto vs Gold : A Fight of Succession
As per Gold.org, about 216,265 Metric Tonnes of gold had been mined and were above ground at the end of 2024.
Gold at the start of 2025 had proven reserves in between 54000-64000 Tonnes.
The market cap of Gold (above ground) early May this year was estimated at around $22T.
We saw the entire crypto market peak at $3.6T last year in December. In correspondence, BTC had an ATH market cap of ~ $2.1T early January this year.
With a market cap difference of at least 7 times at present, crypto definitely has some ways to go as a commodity.
Will we see the gap close up in the next alt-season? Time will tell.
#BTCVSGOLD #CryptoVsGold #2025 #AltcoinSeasonComing
photocredits: royalbull.ca