Gold has risen 23% in the past six months, but its performance still lags behind Bitcoin
BlockBeats reports, on August 20th, Bloomberg senior ETF analyst Eric Balchunas stated that gold has finally profited due to its high return rate. GLD attracted $2 billion in funds within the past six weeks and rose by 23% over the past six months, far exceeding stock performance.
"Despite this, it still lags behind Bitcoin, but the gap is not large, possibly only 500 basis points. The gap is rapidly narrowing. The battle for value storage is underway."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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