Monday, 30 March 2020

Cryptocurrencies are recovering some ground after its weekend descent. Bitcoin is moving 5.68 percent for the day, recovering its 6,200 level, after dropping to $5,880 late Sunday. Ethereum, XRP, LTC, and most of the cryptocurrencies recover since early morning at a similar pace.

Bitcoin was explicitly called “digital gold” back in 2011, and a 2010 InfoWorld article says:

                               “Bitcoin is backed by a kind of digital ‘gold standard.’”

Creamcoin Marketcap