Bitcoin’s average daily trading volume between January 1, 2021, and March 15, 2021, according to Finbold, was $70.18 billion. For the same time, the figure reflects 39.41% of gold’s $178.97 billion average daily trading value.

In other news, bitcoin has a market capitalization of $1.04 trillion as of March 16, 2021. The number is just 9.46% of gold’s $10.99 trillion market capitalization, indicating that more investors are betting on bitcoin than gold.

In other news, bitcoin has a market capitalization of $1.04 trillion as of March 16, 2021. The number is just 9.46% of gold’s $10.99 trillion market capitalization, indicating that more investors are betting on bitcoin than gold.

The study analyzes bitcoin and gold trading volume in the context of the ongoing coronavirus pandemic. It indicates that both bitcoin and gold’s trading volume remains essential, partly due to the perception that the assets may function as a hedge against the risk of inflation, particularly in the aftermath of the coronavirus pandemic,” according to the research study.

During the financial crisis, central banks agreed to issue stimulus packages in exchange for more currency, devaluing conventional safe-haven currencies such as the US dollar. For example, the dollar has depreciated by 85 percent in the last 50 years, owing in part to the government’s reaction during economic crises.

Despite gold’s historical advantage, the two assets are currently fighting for safe-have status. The true safe-haven, however, will be found in the post-pandemic period.

About Finbold

Finbold provides in-depth business research to help keep user finances in order. Stocks, equity, entrepreneurship, cybersecurity, technology, cryptocurrency, legislation, banking, and more are among the subjects they cover. Regularly, they provide validated and accurate information and analysis. Their professional and experienced writers’ fact-check each story to prevent any misinformation before it is published.

For more information, visit: https://finbold.com/

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