Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Opinion: BTC has surpassed the US stock market since it decoupled from the dollar and gold in terms of trading time

Bitget2024/09/10 05:03

The current trading time of Bitcoin exceeds 123,000 hours, surpassing the U.S. stock market's trading hours since the dollar and gold were decoupled. Since August 15, 1971, President Nixon implemented the decoupling of the dollar from gold to deal with high inflation in the American economy, cancelling international exchange between dollars and gold. The U.S. stock market has been open for over 100,700 hours since then. However, Bitcoin which was launched in 2009 has officially surpassed the US stock market in terms of trading time by nearly 25% more than public stock trading times during a fully fiat currency era.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!