eToro Names Bitcoin “Digital Gold” After 2020 Performance

eToro Names Bitcoin “Digital Gold” After 2020 Performance

eToro have named its “Golden Performers” with Bitcoin being named as their “Digital Gold”.

This comes after impressive growth over the course of 2020 despite the global market seeing a year of turbulence owed to the Covid-19 pandemic. Since the start of this year, bitcoin has managed to secure 150% growth regained from lows recorded in 2020 – which occurred slightly after the pandemic reached a fever pitch in the middle of March.

Your capital is at risk.

However, fortunately for bitcoin, the third halving of its history took place which saw a rapid surge so that is had managed to recover its price and then some by the end of April. Hence, why it has managed to prove itself to be an impressive grower in 2020 in spite of the market dip.

Due to its performance, bitcoin takes a place among other assets that eToro has noted as “safe havens”. These include the precious metal, “original gold”, better known simply as Gold,  and “Black Gold”, Oil which has had severe ups and downs of its own over the course of 2020 too.

You can trade all of these assets and more by going to eToro now and making use of their trading options.

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