The gains in gold since the beginning of the year are equivalent to 3% of the gains of "Bitcoin"

Gold's gains since the beginning of the year have reached about $ 337, which is equivalent to only about 3% of the total gains made by Bitcoin digital since the beginning of the year until now.

The cryptocurrencies have managed to achieve huge gains during the last week of trading, driven by the record gains achieved by Bitcoin, the most powerful and widespread currency in the cryptocurrency market.

According to Arabiya Net, Coin Market Cap data showed that the total market value of digital currencies increased by 14% within a week, winning about $ 69.2 billion, after it rose The total market value of digital currencies from the level of 498.2 billion dollars in trading last Tuesday to the level of 561.4 billion dollars in Salah today’s transactions.

and digital currencies have gained more momentum recently, with the increasing institutional interest in them and their adoption by some companies, especially PayPal.

and since the beginning of this year, Bitcoin has risen by nearly 150% to record its highest level in more than 3 years, amid expectations that it will exceed 2017 levels when it exceeded its price The level of 20 thousand dollars.

and cryptocurrencies benefited from the Corona crisis as a safe haven and a hedge against inflation after governments and central banks pumped huge stimulus packages, to succeed in surpassing gold in performance this year. During the current year, the price of gold rose by 22.46%, gaining about $ 447, after the price of an ounce rose from the level of $ 1500 at the beginning of 2020 trading to the level of $ 1837 in yesterday's trading.

On the other hand, Bitcoin rose by 147% profitable about 10913 dollars since the beginning of the current year, as its price rose from the level of $ 7422 at the end of the current year to about 18335 USD in Tuesday morning trading.

During the past 24 hours, Bitcoin fell by 0.13% to the level of $ 18335, and its total market value reached about $ 339.4 billion. Ethereum rose by 7.8% to the level of $ 616, with a market value of about $ 69.94 billion.

The X-Ripple coin rose by 42% to the level of $ 0.655, with a total market value of about $ 18.6 billion. The Tizer coin increased by 0.11%, with a market value of about $ 18.66 billion. Bitcoin Cash rose by 17.6% to the level of $ 341, with a total market value of about $ 6.34 billion.