Bitcoin climbs above gold for the first time

The price of one Bitcoin climbed above the price of one ounce ofgold for the first time ever on Thursday.The cryptocurrency climbed to $1,241.30 around 10:20 a.m. ET. Meanwhile, gold was around $1,241.25 at the time.Bitcoin dipped below the yellowmetal minutes later, but then bounced back again.As of 10:41a.m. ET, Bitcoin is up by 1.8% at $1,248.10, whilegold is down 0.6% at $1,242.15.SEE ALSO:What 25 major world leaders and dictators looked like when they were youngSEE ALSO:Famous last words of 19 famous peopleSEE ALSO:21 words and phrases Shakespeare made upJoin the conversation about this storyNOW WATCH: Here's why flights take longer than they did 50 years ago
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