Grayscale, one of the most famous investment firms in the cryptocurrency industry, recently made a commercial with the theme of Let Alone Gold and replace it with the digital alternative Bitcoin. In the commercial, the advantages of Bitcoin against gold were expressed, and this commercial soon became a much talked about topic in the cryptocurrency and financial sector, watched by many.
However, at this point, after the publication of the ad, the gold experienced a tremendous rise did not escape attention. The famous Bitcoin bull Max Keiser tweeted about the issue, said:
“The Drop The Gold commercial by Grayscale was released at almost the same level as the bottom point below it.”
In May, when Grayscale’s commercial was released, the price of gold was $1,200, while the price was now up to $1,530 in the minutes this article was written. Of course, bitcoin has seen a significant increase since the beginning of the year, but it is worth noting that gold has recently experienced a very, very good rise by its standards.
Grayscale, as it is known, gives its customers the opportunity to invest in the leading cryptocurrency through a fund without directly investing in Bitcoin.