Gold has a significantly higher volatility ratio than bitcoin in 2024, according to analysis by Goldman Sachs.
- BTC's price surge doesn't compensate for the price volatility risks, a chart by Goldman Sachs shows.
- Gold's relatively higher risk-adjusted returns explains its safe haven appeal.
Bitcoin (BTC) has surged over 40% this year, outshining major equity indices, fixed-income securities, gold and even oil, which recently rose on the back of geopolitical tensions.
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