Home Finance Markets

Bitcoin takes over Gold market and people’s investment choice

Bitcoin takes over Gold market and people’s investment choice

Bitcoin’s market capitalization is about 3.1% the size of gold right now and Bitcoin is successfully establishing itself into a credible source of storing funds. “Bitcoin is here to stay” as per the millennials and they further add that it is easier to trade than carrying and passing a gold bar around. The transparency in the Bitcoin market is attracting a lot of interest and people are exchanging gold for investment in the digital currency.

Sanika Abhyankar

Sanika Abhyankar is a Mass Media and Communication student at Ruia College, Mumbai. Sanika is keen on pursuing International Affairs in the near future. She is an optimist who loves to debate and is fond of watching romantic comedies. She is also a fashion enthusiast. Sanika is currently working as a Journalist at India Shorts and can be contacted through sanikaapersonal@gmail.com