Should you buy Bitcoin or invest in gold amid the persisting volatility? The cryptocurrency has fallen to $35,384, a fall of 17 percent from the start of January, while the yellow metal's price has increased by 0.3 percent this month
In the past few years, investments in Bitcoin, the largest cryptocurrency launched in 2009, have dramatically increased across the world, while market experts are still debating over the investment in the blockchain-backed asset compared to "digital gold".
The volatility of Bitcoin has remained a matter of concern whereas the advocates of investment in gold are propagating its steady rise.
Even during the peak of the COVID pandemic, Bitcoin's value was skyrocketing. In April 2021, Bitcoin's price hit $61,000. Later, in November, it was trading at a record high of $68,990.