CoinDesk (@CoinDesk): DATA: Bitcoin is approaching 20 ounces of gold per coin, with the bitcoin-to-gold ratio currently at 19.8. That means one bitcoin can buy 19.8 ounces…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BTC+20Positive
DATA: Bitcoin is approaching 20 ounces of gold per coin, with the bitcoin-to-gold ratio currently at 19.8. That means one bitcoin can buy 19.8 ounces of gold, up from a low of 12 ounces in February but still well below (50%) its record high of just over 40 ounces. The bitcoin-to-gold ratio is down just 1% year to date. @btcjvs reports.