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Bitcoin Price Surge In 2024 Not Enough To Beat Gold’s Risk-Adjusted Returns – Details Here

  • Goldman Sachs report states that Bitcoin's price surge in 2024 was not enough to beat gold's risk-adjusted returns.
  • Bitcoin saw significant gains in 2024, surging from $42,000 to $73,000, but its volatility overshadowed its price performance.
  • Gold, with a risk-adjusted return of 3% and strong gains of 28%, reaffirms its position as a safe haven asset.
  • Analysts have differing opinions, with some predicting that Bitcoin will outperform gold in the future, while others believe gold will remain irreplaceable.

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