Bitcoin Could Surpass Gold, 73% of Investors Choose BTC

Gold is currently valued at nearly 31,000 million USD, making it almost 20 times larger than Bitcoin. Three factors could help Bitcoin dethrone gold: increasing popularity among young investors, a unique investment profile, and strong promotion of the cryptocurrency. According to a survey by deVere Group, 73% of investors aged 24-45 consider Bitcoin a better long-term choice than gold. Funds facilitating exposure to BTC have emerged on Wall Street and in Europe, which could improve its liquidity. Gold will not disappear, and its role may increase, especially in the context of purchases by central banks. In the long term, funds operating on Bitcoin may outpace gold ETFs. Inflows into Bitcoin ETFs remain steady even during tough times, indicating its maturation. The key will be whether the recent rebound can be sustained and whether gold's advantage over Bitcoin begins to diminish.

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