Bitcoin and Gold Split as Central Banks Drive One, Retail the Other - CoinMarketCap
Bitcoin and Gold Split as Central Banks Drive One, Retail the Other - CoinMarketCap
Source: CoinMarketCap
―
DW NOTE
Central banks bought 1,037 tonnes of gold last year — their largest spree since 1967. Bitcoin has no central bank bid. That's not a weakness, it's the entire point. One asset gets hoarded by institutions trying to escape the dollar system they're simultaneously debasing. The other gets bought by people trying to escape institutions.