Crypto
Bitcoin Price (BTC) Could Hit New Record on Weakening Japanese Yen
Gold prices have seen a significant increase in 2024, with the precious metal currently trading at $2,718. This marks a 32% increase year-to-date, putting gold on track for its best annual performance since 2010 when it rose by 38%. In comparison, the S&P 500 is up approximately 23% for the year.
Despite not reaching new records like gold, bitcoin has shown strong growth in 2024. The popular cryptocurrency is up by over 50% since the beginning of the year. This performance comes after a seven-month period of sideways-to-lower prices, indicating a positive trend for bitcoin investors.
