Bitcoin price climbed above Gold’s

According to the Financial Times, the price of a bitcoin has climbed above that of a troy ounce of gold for the first time on record after the cryptocurrency enjoyed a dramatic upswing in interest since last year. Bitcoin has jumped by nearly 33% YTD to trade at USD 1,265. Future Venezuela sell-off may have influenced the precious metal’s 10 percent drop in value, wrote the CoinTelegraph.