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Is Bitcoin the new Gold, as an Asset Class?


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Category
Conference
Authors
Shaila Srivastava & Deepansh Garg
Conference Name
7th Somaiya International Conference on Technology and Information Management, Theme: Digital Disruption and Knowledge Society
Conference From
08-Apr-2021
Conference To
09-Apr-2021
Conference Venue
K J SIM
  • Abstract

Abstract: Through this research, it is tried to find out the similarity between Bitcoin and Gold as per their price movements. Equities are also considered to see if not gold, then does Bitcoin functions like Gold or takes a path of its own. The time period considered for this is 2020 year. This is essential because, it provides uncertain times under which everyone looks at Gold as a safe haven asset. It would be the best environment to see Bitcoin takes Gold’s path or not. Let’s have a look at the study. Keywords: Cryptocurrency; Bitcoin; Blockchain

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