Bitcoin, gold could feel monetary degradation as records signal

Over the past five days, bitcoin (BTC) has risen 7%, surpassing $64,000 for the first time since August 26. Gold, for its part, has hit all-time highs on more than 30 occasions this year, topping $2,600 an ounce. . These outstanding performances mark the first time since bitcoin’s inception in 2009 that both have been the year’s best-performing assets, according to Charlie Bilello, chief market strategist at Creative Planning, an investment management and financial planning firm.