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Pico y Pala – Bitcoins, Ethereum, Ripple,…

Market efficiency of gold and Bitcoin


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By and large, measuring closing prices across major global exchanges, Bitcoin markets have been relatively efficient amid recent macroeconomic turmoil. Contrasted with global gold markets that have been dislocated for the duration of a few weeks, Bitcoin’s major exchanges have largely maintained parity.

Compared to transporting, depositing, or withdrawing gold to exchange globally, Bitcoin is at a technological advantage. And if current market conditions continue, Bitcoin may yet distinguish itself further.

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Market efficiency of gold and Bitcoin was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.