How much gold is a bitcoin worth? By VCElements
, this graphic compares the two assets by showing how much gold is equivalent to one bitcoin, while also visualizing bitcoin’s market capitalization and 2021 gold production in the form of gold cubes.With a single bitcoin worth around $22,600 at the time of the visualization, this is equivalent to a small cube of gold just over 20 cmThis tiny gold cube that fits in the palm of a hand is not only worth $22,600, but also weighs an impressive 12.
While at first this might seem like a drawback for bitcoin, its small market cap has partially enabled its stratospheric price increases in bull runs. As a result of all this volatility, bitcoin is now below any price traded in 2021, meaning anyone who bought bitcoin in 2021 and held on is now down on their investment.
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