List of Flash News about crypto storage costs
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2025-06-16 16:14 |
BTC Nears All-Time High vs Gold: Key Insights for Crypto Traders on Bitcoin Storage Costs and Supply Limits
According to Pentoshi on Twitter, BTC is currently only 20% away from reaching a new all-time high against gold, signaling a potential sustained uptrend in the BTC to gold ratio. The tweet highlights that Bitcoin's fixed supply cap of 21 million sets it apart from gold, which continues to see new discoveries and increasing supply. Pentoshi also raises the importance of comparing storage and security costs between BTC and gold, which can significantly impact long-term holding strategies for institutional and retail traders. For crypto market participants, the narrowing gap between BTC and gold all-time highs may drive increased capital flows into BTC, supporting bullish momentum and influencing portfolio allocation decisions. (Source: Pentoshi on Twitter, June 16, 2025) |