Bitcoin broke the $80,000 barrier today for the first time, driven by US President-elect Donald Trump’s adoption of digital assets, and the possibility that Congress will include pro-cryptocurrency lawmakers.
On the other hand, gold prices have achieved record highs since the beginning of this year, as the price of the yellow metal reached its highest record level near $2,785 per ounce at the end of last October, in light of the central banks’ tendency to reduce interest rates and the demand for purchases by investors and central banks as a haven. Safe in times of crisis.
But Trump’s victory in the US elections caused the price of gold to fall to $2,684.03 per ounce at the end of last week.