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Bitcoin Cointelegraph

$45,000 Bitcoin looks cheap when compared with gold’s market cap

BTC’s market cap is much smaller than gold, but Bitcoin’s daily volume and the amount held under management by funds suggests that the cryptocurrency is trading at a heavy discount.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

$45,000 Bitcoin looks cheap when compared with gold’s market cap

BTC’s market cap is much smaller than gold, but Bitcoin’s daily volume and the amount held under management by funds suggests that the cryptocurrency is trading at a heavy discount.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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