Bitcoin Fans Scoff at Gold Price Action as the Crypto closes in on $14,000

Bitcoin Fans Scoff at Gold Price Action as the Crypto closes in on $14,000

The world’s largest cryptocurrency easily surpassed the $13,000 level Wednesday, rallying to its highest price since January 2018. As of the Wednesday afternoon, bitcoin was trading at $13,747. This week alone, the crypto is up more than 40% and up 320% since December. Kitco News sat down with Todd “Bubba” Horwitz to get his thoughts on the crypto run-up and how it compares to the moves in gold.
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