CME Group chief economist Bluford Putnam identified Bitcoin as an emerging competitor to gold in 2021, driven by Bitcoin's fixed supply and waning appeal for gold as a hedge. While gold holds a larger market cap, recent reports suggest increased institutional adoption and that more Americans own Bitcoin than gold, marking its evolution into a mainstream digital asset. Read the full analysis at CoinDesk .

Bitcoin an 'Emerging Competitor' to Gold, Says CME's Chief Economist