๐ Bitcoin Smashes All-Time High!
Bitcoin has just hit a historic new peak โ reaching as high as $123,000 ๐ ๐ฅ
Now that BTC is soaring to new heights, the big question buzzing in the crypto world is:
Can Bitcoin overtake gold in market cap? ๐๐
๐ฐ BTC vs. Gold: The Battle of the Giants
Currently, Bitcoin is trading around $117,252 with a market cap of $2.34 trillion ๐๐งฎ.
In comparison, gold holds a massive estimated market cap of $23.13 trillion ๐ชโจ.
That means Bitcoin is only at 10.09% of goldโs total value โ for now.
Experts say that for BTC to "flip" gold, its price would need to skyrocket to about $1,161,767 โ nearly a 890% increase from current levels ๐๐.
๐ BTCโs Long-Term Growth is Outpacing Gold
More and more investors are starting to believe that this goal is not just a dream โ itโs possible ๐ก๐.
Over the last 5 years:
๐น Bitcoin is up 1,168%
๐น Gold has gained just 85%
In the last 3 years:
๐ธ BTC: +470%
๐ธ Gold: +92%
Even short-term performance is favoring crypto:
๐๏ธ Since Jan 2025:
BTC: +25%
Gold: +26%
๐๏ธ Last 3 months:
BTC: +38%
Gold: +3%
๐๏ธ Last month:
BTC: +11%
Gold: -4%
Bitcoin continues to pull ahead, especially during periods of market momentum โก๐
๐ Scarcity: A Key Advantage for Bitcoin
Supply also plays a huge role in this race:
๐ช Bitcoin's annual supply growth: around 0.83%
๐ฅ Gold's annual supply growth: about 1.72%
And donโt forget:
Bitcoin has a halving event every 4 years, cutting new supply in half โ making it even more scarce over time ๐งโ๏ธ๐
So, will Bitcoin really flip gold?
No one knows for sure โ but with numbers like these, itโs no longer just a fantasy.
Itโs a challenge. A race. And BTC is gaining fast ๐๐ฅ #bitcoin #BTC #GOLD #crypto #altcoins