This is the first time that gold price has trailed behind Bitcoin
For the first time ever, the price of one Bitcoin climbed above the price of one ounce of gold on Thursday.
Around 10:20 a.m. ET. The cryptocurrency jumped up to $1,241.30. In the meantime, gold was around $1,241.25 at the time. However, minutes later, Bitcoin fell below the yellow metal, but then bounced back again.
As of 10:41 a.m. ET yesterday, Bitcoin had increased by 1.8% at $1,248.10, while gold was down 0.6% at $1,242.15.
Get the latest Bitcoin price here.
The author Kavita Iyer
An individual, optimist, homemaker, foodie, a die hard cricket fan and most importantly one who believes in Being Human