{"headers":{"Content-Type":"application\/x-www-form-urlencoded"},"body":"source_lang=&target_lang=DE&tag_handling=xml&split_sentences=1&preserve_formatting=1&text=Bitcoin+hits+new+record+high+against+gold&text=Entering+into+the+new+year+and+Bitcoin+price+has+hit+a+new+all-time+high+against+the+price+of+gold+as+the+cryptocurrency+bull+run+continues.&text=The+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fcrypto-genius-review%2F%22%3Eprice+of+Bitcoin%3C%2Fa%3E%27s+continuous+increase+now+stands+as+evidence+that+the+demand+for+cryptocurrency+is+still+rising%2C+and+that+the+token+is+now+a+popular+safe-haven+asset.+As+the+new+year+kicked+off%2C+the+price+of+Bitcoin+price+smashed+yet+another+record+high%2C+bagging+a+new+high+against+gold.%0A%0ABitcoin+price+moved+past+%2429%2C000+USD%2C+reaching+a+high+of+15.40+gold+ounces%2C+%3Ca+href%3D%22https%3A%2F%2Fwww.marketwatch.com%2Finvesting%2Fcryptocurrency%2Fbtcxau%2Fcharts%3Fmod%3Dmw_quote_advanced%22%3Eaccording+to+MarketWatch%3C%2Fa%3E.+This+is+the+first+time+it+has+hit+this+level+against+gold+and+has+surpassed+the+previous+all-time-high+against+the+precious+metal+since+December+2017+during+its+last+bull+rally.%0A%3Ch2%3E2020%2C+the+year+of+the+bull+rally+beginning%3C%2Fh2%3E%0ADecember+2017+went+down+in+the+books+for+cryptocurrency+as+the+first+major+bull+run+to+send+Bitcoin+into+the+spotlight+of+mainstream+investment.+Now%2C+2020+stands+as+the+year+Bitcoin+caught+the+attention+of+%3Ca+href%3D%22https%3A%2F%2Fwww.coininsider.com%2Fde%2Fcfd-broker%2F%22%3Einstitutional+investors%3C%2Fa%3E%2C+sparking+a+fresh+bull+run+and+further+adoption+of+the+cryptocurrency+market.+Over+the+year%2C+Bitcoin+saw+a+yearly+low+price+in+March+of+%244+106%2C98+USD+in+comparison+to+2020%27s+high+of+%2429+600%2C63+USD%2C+showing+a+monumental+620.7%25+between+the+two.+The+increase+since+the+beginning+of+the+year+also+stands+at+an+impressive+over+300%25+gain+from+January+2020+to+December+2020.%0A%0AWhile+gold+also+enjoyed+increasing+prices+over+the+year%2C+as+investors+opted+to+hedge+against+the+US+dollar%2C+the+gains+made+nowhere+near+the+same+impressions+that+Bitcoin%27s+did.+Over+the+year%2C+gold+posted+a+25%25+gain+from+the+beginning+of+the+year+to+the+end.%0A%0AAs+the+cryptocurrency+market+surges%2C+some+believe+that+Bitcoin+is+attracting+the+attention+of+investors+who+would+have+otherwise+opted+for+gold.+This%2C+perhaps%2C+because+of+the+convenience+that+cryptocurrency+can+offer+%28from+portability%2C+use+of+ease%2C+and+decentralised+factors%29+while+gold+cannot.+While+both+assets+are+limited+in+supply%2C+the+cap+of+Bitcoin+is+more+evident%2C+while+there+is+uncertainty+with+the+supply+remaining+of+gold.+Whether+or+not+this+is+the+case%2C+the+figures+speak+for+themselves%3A+Bitcoin+demand+has+grown+significantly+over+the+year+and+the+hedge+against+the+dollar+is+looking+more+and+more+digital.","timeout":15}