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Better Buy: Bitcoin or Gold?

TheMotleyFool

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Crypto investors have long referred to Bitcoin as "digital gold." If that's the case, then Bitcoin (CRYPTO: BTC) -- just like gold -- should act as a hedge against the type of market volatility and economic uncertainty investors are currently experiencing.

But consider what's happening right now. The price of gold just soared past $3,000 to hit a new all-time high and is now up 15% for the year. In contrast, Bitcoin has fallen nearly 20% from an all-time high of $109,000 in January.

Gold appears to be on the way up, while Bitcoin -- at least for the current moment -- seems to be heading down. So, which is the better buy right now? The answer to that question may not be as obvious as you think.

Source Fool.com

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