William K⚡Santiago🔑☢️ on Nostr: A 5-year price chart of Bitcoin (XBT) against gold (XAU), with 1 XBT equating to ...
A 5-year price chart of Bitcoin (XBT) against gold (XAU), with 1 XBT equating to 32.429100 XAU on May 16, 2025, reflecting a staggering 501,081% increase, highlighting Bitcoin's dramatic outperformance over gold as a store of value in that period.
XBT, as defined by the ISO 4217 standard, is Bitcoin's official currency code for borderless assets, often used in traditional finance, while XAU represents gold; this comparison underscores Bitcoin's growing acceptance in financial systems, especially in regions like Curaçao where BTC Curaçao
promotes its legal use as a payment alternative.
Bitcoin's price surge aligns with recent market trends, such as its climb past $91,000 in November 2024 following the U.S. Federal Reserve's rate cut and Trump's re-election. Suggesting that macroeconomic factors and political events continue to drive Bitcoin's value against traditional assets like gold.
Let this sink in!
Published at
2025-05-16 23:15:46Event JSON
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"content": "A 5-year price chart of Bitcoin (XBT) against gold (XAU), with 1 XBT equating to 32.429100 XAU on May 16, 2025, reflecting a staggering 501,081% increase, highlighting Bitcoin's dramatic outperformance over gold as a store of value in that period.\n\nXBT, as defined by the ISO 4217 standard, is Bitcoin's official currency code for borderless assets, often used in traditional finance, while XAU represents gold; this comparison underscores Bitcoin's growing acceptance in financial systems, especially in regions like Curaçao where BTC Curaçao\n promotes its legal use as a payment alternative.\n\nBitcoin's price surge aligns with recent market trends, such as its climb past $91,000 in November 2024 following the U.S. Federal Reserve's rate cut and Trump's re-election. Suggesting that macroeconomic factors and political events continue to drive Bitcoin's value against traditional assets like gold.\n\nLet this sink in!\nhttps://image.nostr.build/6d617e526c301eebf0e177e0eb58019ece032964e9e17222cd2805ea902824f1.jpg",
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