Bitcoin and Ethereum have performed far better than gold this year

Golden Finance reported that in 2023, Bitcoin (BTC) and Ethereum (ETH) performed significantly better than gold, with BTC rising by 93% and ETH rising by 39% relative to gold. Bitcoin’s recent price surge of more than 30% has been driven in part by positive developments in a Bitcoin ETF awaiting SEC approval. BTC and ETH have shown stronger performance and smaller drops in value compared to traditional assets such as stocks and bonds.