30-03-2020 14:30 via newsbtc.com

How Bitcoin was Able to Beat Gold’s Recovery as Coronavirus Crisis Mounts

Prominent economist Peter Schiff lately compared the performances of Bitcoin and Gold amidst the deepening financial crisis, noting traders who bought the cryptocurrency at its year-to-date high are sitting at 70 percent losses while those who purchased Gold at its yearly top suffered a comparatively dwarfed loss of 14 percent.
XAUUSD up by circa 14 percent following early March sell-off | Source: TradingView.com, ICE
But looking at their subsequent recoveries, as Mr. Schiff seemingly ignored, b
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