The executive chairman of Evolution Mining said bitcoin still has a 'long way to go' before it demonstrates the 'longevity and security' that gold has proven to offer investors.
– the highest level since May. As of Thursday morning during Asia hours, however, it pared some gains to last trade above $44,000, according to CoinDesk data.Gold prices have also been swinging between gains and losses this year. From levels above $1,900 in January, prices fell to above $1,700 in March.
In June, the precious metal spiked to nearly $1,900 again, before paring gains to trade above $1,700 in August.
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