The price of Bitcoin posted spectacular gains following the US election last year, with Donald Trump seen as a ‘pro-crypto’ president. The digital asset rose from $70,000 in early November to over $100,000 in December. However, its appeal as a store of value has declined somewhat amid a general sell-off in risky assets. One Bitcoin now trades at around $85,000. Meanwhile, gold has posted steady gains, rising to a record high of $3,230 last week…

Continue reading