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in this video we look at the sizes of the gold versus crypto markets Canadian mining report is not a financial advisor this video is for informational purposes only and does not constitute investment advice crypto was still tiny in 2016 with just a 12.5 billion dollar market cap versus the 8 trillion dollar total Global Gold stock but became noticeable in 2017 rising to 0.2 trillion dollars or 0.2 percent of gold and remained around that level until its huge jump to 12.9 trillion dollars in 2021 when it was no longer the surrounding error at 1.9 percent of the Gold stock and while after the crash this year crypto has declined to just one percent of gold this is reasonably sizable given that it is such a new asset class for more on gold and gold stocks in the macro context for the sector click the link in the description or bio below to go to .canadiamminingreport.com
