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Economist Mohamed A. El-Erian noted on Tuesday that gold has delivered higher returns than Bitcoin (CRYPTO: BTC) over the last five years.
Gold Outshines Bitcoin
El-Erian, the Chief Economic Advisor at Allianz, took to X, comparing the performance of the two marquee assets.
“This outperformance is playing out this year…and also today, as gold bounces while Bitcoin continues to languish,” El-Erian said
Spot gold has had the better of Bitcoin lately, leading over the past year and over a 5-year timeframe.
In fact, Bitcoin has crashed below $73,000, hitting levels last seen in November 2024. Meanwhile, the yellow metal is on a record-breaking tear, surging to all-time highs…
Read more on Benzinga




