If you own Bitcoin, rejoice: A single unit of digital cryptocurrency is now worth more than an ounce of actual, physical gold. 。
According to CoinDesk's Bitcoin Price Index, the price of 1 Bitcoin is $1,281.95 at the time of this writing, while the gold spot price is $1,227.66 per ounce, according to Bloomberg Markets. 。
SEE ALSO:Bitcoin reaches an all-time high as SEC decision looms 。The two prices met after a shoddy day and a flat year for gold, in contrast to the amazing year Bitcoin has had in terms of price -- exactly a year ago, the cryptocurrency traded at around $200 per one Bitcoin. 。
Thanks for signing up! 。Credit: Coindesk 。
The correlation between the two numbers is not very important as the price of physical gold has little to do with the price of one Bitcoin. But it's an important psychological barrier for Bitcoin, which is currently trading at an all-time high, as the cryptocurrency has often (and somewhat inaccurately) been called "digital gold." 。
The reasons behind Bitcoin's price surge -- after its horrendous slump in 2014 -- aren't very clear, but one possibility is the market's positive expectations with regards to the U.S. SEC approving the Winklevoss brothers' bitcoin ETF, which would make trading Bitcoin in the U.S. much easier. 。
Does this mean you should ditch gold and buy Bitcoin, or vice versa? Based on just this one fact, absolutely not. Bitcoin's price has been incredibly volatile in the past, and though the past several months look very solid, a number of questions loom over the digital currency, most important of which is the Bitcoin community's inability to reach a consensus over blockchain block size. 。
Featured Video For You 。
(责任编辑：知識)
This chart shows just how high Simone Biles can jump
14 memes that defined 2020
NASA collected asteroid dust, but it's leaking on its return journey
Trump gets roasted for 'dancing' to the Village People'Rocket League' Championship Series Season 2 offers $250,000 prize poolHiddleswift finally followed each other on Instagram after 3 excruciating days
On Aug. 13, 1961, Germany began construction of the Berlin Wall, perhaps the greatest symbol of the
...[详细]Bernie Sanders predicted Trump's election night chaos with terrifying precision
Predicting exactly how Election Day will run can be a dangerous game, as plenty of people learned on
...[详细]LG wants to put transparent OLEDs in restaurants and subways
LG's got a transparent OLED display, and if you're wondering how such a device could be useful, the
...[详细]13 best tweets of the week, including election memes, Gritty, and 'The Notebook'
I don't need to tell you that this has been a WEEK. We've been locked in a perpetual Tuesday as the
...[详细]Teacher absolutely nails it with new homework policy
The war against homework has begun. 。A massive pile of homework after a long day at school is enough
...[详细]In praise of going back to bed after taking a shower
Morning rituals take many forms. Some people pore over a dog-eared newspaper with a steaming mug of
...[详细]On Nicole Kidman's fabulous coats in 'The Undoing'
Welcome toThanks, I Love It, our series highlighting something onscreen we're obsessed with this wee
...[详细]What is BitChute? The YouTube alternative that welcomes hate speech.
If Parleris a conservative alternative to Twitter and MeWeis attempting to replicate Facebook, BitCh
...[详细]Satisfy your Olympics withdrawals with Nike's latest app
Following in the footsteps of last year's successful launch of Nike's Tech Book is back in its secon
...[详细]The U.S. is about to get a potent polar vortex blast
Welcome back, old friend.The polar vortex, composed of lofty winds that circulate atop the globe eac
...[详细]This company is hiring someone just to drink all day
'Blackpink: Light Up the Sky' Netflix review: A wild rise to fame
