Cryptocurrency Q&A Why has bitcoin flipped silver this year?

Why has bitcoin flipped silver this year?

Margherita Margherita Mon Dec 16 2024 | 5 answers 1230
This year, I've noticed that Bitcoin has surpassed silver in terms of value and popularity. I'm curious to understand why this shift has occurred and what factors have contributed to bitcoin's rise compared to silver. Why has bitcoin flipped silver this year?

5 answers

Sara Sara Wed Dec 18 2024
The asset witnessed a significant surge of over 9% on the day.

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Stefano Stefano Wed Dec 18 2024
This surge was fueled by robust institutional demand.

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TaegeukChampionCourage TaegeukChampionCourage Tue Dec 17 2024
In recent weeks, there has been sustained interest in spot Bitcoin exchange-traded funds.

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isabella_taylor_activist isabella_taylor_activist Tue Dec 17 2024
Notably, this marks the second instance this year where Bitcoin has outperformed silver.

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lucas_jackson_pilot lucas_jackson_pilot Tue Dec 17 2024
Earlier in March, Bitcoin surpassed silver, as per data from Infinite Market Cap.

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