quote#BinancePizza

A significant event occurred in the market: the price of one $BTC bitcoin has surpassed the price of one kilogram of gold.

One bitcoin$BTC is now worth $103,656, while a kilogram of gold costs $102,292. Over the last ten years, the prices of bitcoin and gold have changed noticeably, reflecting different financial and economic trends:

at the beginning of 2011, the price of one $BTC bitcoin was less than one US dollar, while the price of one kilogram of gold was around $40,000. In December 2017, bitcoin reached its historical maximum, exceeding $20,000 for one coin. At that time, the price of one kilogram of gold was about $40,000. In March 2020, during the COVID-19 pandemic, bitcoin and gold showed similar dynamics: both assets significantly fell in price. Bitcoin dropped to around $5,000 per coin, while the price of a kilogram of gold fell to about $50,000.

However, since the beginning of 2021, bitcoin has started to rise actively, reaching new historical highs and exceeding $60,000 per coin. At the same time, the price of a kilogram of gold remained at a relatively stable level of around $50,000. #

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