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Benzinga
Benzinga
Business
Bibhu Pattnaik

Bitcoin Nears Record High, Echoing 'Digital Gold' Sentiment Amid Economic Uncertainty

Bitcoin Gold Crypto Standard Chartered
Bitcoin,With,Golden,Stars,Showering,Down,On,It,A,3d

Bitcoin (CRYPTO BTC) is on the brink of reaching its all-time high, reflecting a possible shift in investor sentiment towards treating the cryptocurrency as a safe-haven asset similar to gold in the face of persistent economic uncertainty.

Bitcoin experienced a rally of approximately 1.6% on Friday, trading at over $122,000, just below its record high of around $124,000 set in August.

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