Latest: Bitcoin Outperforms Gold as “Safe Haven Asset”, Says $670B Asset Manager AllianceBernstein

According to Bernstein Research, a subsidiary of the global asset management giant AllianceBernstein, Bitcoin has emerged as a “safe haven asset” that consistently surpasses gold in terms of returns. Despite the challenges faced during the 2022 crypto winter and notable crypto incidents, Bitcoin has witnessed a remarkable three-year surge of up to 150% in its prices. This performance has outshone gold’s stagnant market, making Bitcoin an increasingly appealing asset choice. If this trend continues and Bitcoin overtakes gold’s $13 trillion market cap, each Bitcoin in circulation could potentially reach a value of around $650,000, as per the research.

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