common-close-0
BYDFi
Trade wherever you are!

What was the price of silver in 1990 and how does it compare to the current value of popular cryptocurrencies?

avatarKay BollDec 25, 2021 · 3 years ago3 answers

Can you provide information on the price of silver in 1990 and how it compares to the current value of popular cryptocurrencies?

What was the price of silver in 1990 and how does it compare to the current value of popular cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    In 1990, the average price of silver was around $5 per ounce. However, it's important to note that the price of silver can vary depending on various factors such as supply and demand, economic conditions, and market speculation. As for the current value of popular cryptocurrencies, it's constantly changing due to their volatile nature. It's recommended to check the latest prices on reputable cryptocurrency exchanges to get an accurate comparison.
  • avatarDec 25, 2021 · 3 years ago
    Back in 1990, the price of silver was relatively low compared to its current value. However, it's important to consider that the value of popular cryptocurrencies like Bitcoin and Ethereum has skyrocketed in recent years. While the price of silver has seen some fluctuations, it hasn't experienced the same level of growth as cryptocurrencies. This is mainly due to the increasing popularity and adoption of cryptocurrencies as a digital store of value and investment asset.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that the price of silver in 1990 was significantly lower compared to the current value of popular cryptocurrencies. While silver has its own market and value, cryptocurrencies have emerged as a new form of digital assets that have gained immense popularity and value over the years. It's important to note that investing in cryptocurrencies carries its own risks and it's always advisable to do thorough research and seek professional advice before making any investment decisions.