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Discussing its positive performance in recent days, CNBC has stated that Bitcoin (BTC) is set to become the first asset in history that is “more scarce than gold.” Indeed, the Fast Money program discussed the upcoming halving and the rarified position of the world’s most prominent digital asset.

Bitcoin has exceeded $42,000 for the first time in over a year, with many speculating that the price is bound to continue surging. Specifically, CNBC noted that the anticipated halving event will affect the “stock to flow ratio,” which will mean less Bitcoin than gold is mined on a relative basis.

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