Bitcoin vs 
Tether Gold
"Digital gold" against actual gold on crypto rails. Tether Gold tracks the metal — vault-backed, steady, with counterparty risk in the issuer; Bitcoin has the fixed supply story without the four-thousand-year track record, and still trades like a risk asset in stressed markets. The past year's numbers below show how differently the two "scarce assets" can behave.
12 months, both starting at 100 (AUD)
BTC → 68 · XAUT → 110| Measure | BTC | XAUT |
|---|---|---|
| Market cap | A$2413.4B | A$3.8B |
| Rank | #1 | #40 |
| Price | A$120,081 | A$6,091.61 |
| 90-day change (AUD) | +35.9% | +4.9% |
| 12-month change (AUD) | −29.7% | +6.9% |
| From all-time high | −37.0% | −22.1% |
| Supply model | Capped: 21.0M max | No fixed maximum |
| AU exchanges we verify it on | 5 | 1 |
About Bitcoin
Bitcoin is the original cryptocurrency, launched in 2009 by the pseudonymous Satoshi Nakamoto: a peer-to-peer digital money with a fixed supply of 21 million coins, secured by proof-of-work mining. It remains the largest crypto asset by value and the reference point the rest of the market trades against.
About Tether Gold
Tether Gold is a tokenised claim on physical gold held in Swiss vaults by the issuer of USDT — each token representing one fine troy ounce. It tracks the gold price, not crypto sentiment.
FAQ
Which is bigger, Bitcoin or Tether Gold?
By market value today: Bitcoin (A$2413.4B vs A$3.8B). Size measures money invested, not quality — but it does measure liquidity, which affects how easily you can buy and sell.
Which performed better this year?
Over the past 12 months in AUD terms: BTC −29.7%, XAUT +6.9% — the chart above shows the whole path, which matters more than the endpoints. Past performance is no indicator of future results, in either direction.
Can I buy both in Australia?
Yes — both are listed on AUSTRAC-registered exchanges we verify. BTC appears on 5 of our reviewed platforms and XAUT on 1. Compare costs first on the fee calculator, and remember every crypto-to-crypto swap between them is a CGT event.
Should I hold BTC or XAUT?
That's a personal decision we don't make for you — this page exists to make the structural differences clear so the choice is yours. What we'd say to anyone: understand what job each coin is designed for, size positions like the risk is real, and check the honest failure statistics before going further down the market-cap list.
Data from our market records (powered by CoinGecko), refreshed with the daily rebuild. General information only, not financial advice — we compare structure and history, we don't pick winners.