Bitcoin, the new ‘gold,’ is. Now Bitcoin is taking its place, as evidenced by the performance of the two assets in recent months. The Bitcoin Investment Trust Shares have increased 10-fold in value in the last twelve months, gaining more than 80 percent in the last three months alone. Meanwhile, SPDR Gold shares are down 0.68 percent in the last twelve months and up 3.19 percent in the last three months. Fund 12-month performance 3-month performance SPDR Gold Shares (GLD) -0.69% 3.19% Bitcoin Investment Trust Shares (GBTC) 1000.08 80.81Source: Finance.yahoo.com 8/30/2017Apparently, Bitcoin is more popular than gold among investors, as a hedge against rising global uncertainties.

Source: Forbes August 30, 2017 22:52 UTC