This is the first time that gold price has trailed behind BitcoinFor the first time ever, the price of one Bitcoin climbed above the price of one ounce of gold on Thursday.
Around 10:20 a.m. ET. The cryptocurrency jumped up to $1,241.30. In the meantime, gold was around $1,241.25 at the time. However, minutes later, Bitcoin fell below the yellow metal, but then bounced back again.
Bitcoin had increased by 1.8% at $1,248.10, while gold was down 0.6% at $1,242.15.