Bitcoin has overtaken gold for the first time
Bitcoin has climbed above the price of one ounce of gold for the first time ever. Image: REUTERS/Benoit Tessier
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Financial and Monetary Systems
The price of one Bitcoin climbed above the price of one ounce of gold for the first time ever on Thursday.
The cryptocurrency climbed to $1,241.30 around 10:20 a.m. ET. Meanwhile, gold was around $1,241.25 at the time. Bitcoin dipped below the yellow metal minutes later, but then bounced back again.
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