According to Goldman Sachs, Bitcoin (BTC) price appreciation in 2024 failed to compensate for its price volatility risks. Meanwhile, gold’s higher risk-adjusted returns reaffirmed its “safe haven” narrative. Despite The Gains, Bitcoin Fails To Outshine Gold The leading digital asset by reported market cap surged from roughly $42,000 at the beginning of the year to as high as $73,000 in March...
source: https://www.newsbtc.com/bitcoin-news/bitcoin-price-surge-in-2024-not-enough-to-beat-golds-risk-adjusted-returns-details-here/